2024 BIF to CLP Historical Review

YEARLY HIGH

0.3462 CLP

YEARLY LOW

0.3091 CLP

YEARLY AVERAGE

0.3273 CLP

2024 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.3462. Conversely, the yearly low was recorded on January 3, dropping to 0.3091.

This high-to-low spread represents a total annual volatility of 0.0371 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3185 to the December average rate of 0.3337, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3462 was down 16.92% compared to the 2023 peak of 0.4167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BIF based on timing:

Yearly Peak High 1,731 CLP

2023 Average 1,679 CLP

Yearly Trough Low 1,545 CLP

Transaction Impact: A difference of 185.72 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3400

0.3166

JanuMarcMayJulySeptNove

BIF to CLP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3284, compared to 0.3262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3284

H2 Avg (Jul–Dec) 0.3262

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0254 CLP (High: 0.3350 / Low: 0.3096). On the other end, December was the most stable month, with a tight range of 0.0088 CLP (High: 0.3369 / Low: 0.3280).

May Spread (Volatile) ±0.0254

December Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0143 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3378) against the same month in 2023 (average: 0.3864), the exchange rate shifted by -0.0485 (-12.56%).

2024 Avg (February) 0.3378

2023 Avg (February) 0.3864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3262	0.3091	0.3185
February	0.3462	0.3269	0.3378
March	0.3461	0.3292	0.3381
April	0.3443	0.3287	0.3338
May	0.3350	0.3096	0.3194
June	0.3317	0.3135	0.3229
July	0.3321	0.3151	0.3247
August	0.3320	0.3144	0.3226
September	0.3281	0.3110	0.3201
October	0.3312	0.3116	0.3229
November	0.3408	0.3261	0.3329
December	0.3369	0.3280	0.3337