2024 BMD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 995.0495. Conversely, the yearly low was recorded on January 3, dropping to 881.0744.
This high-to-low spread represents a total annual volatility of 113.9751 CLP. From a start-to-finish perspective, comparing the January average rate of 908.8876 to the December average rate of 983.6362, the exchange rate registered a net change of 8.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 995.0495 was up 5.08% compared to the 2023 peak of 946.9367, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BMD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 940.6648, compared to 947.4288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7640 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 73.2274 CLP (High: 960.8174 / Low: 887.5900). On the other end, December was the most stable month, with a tight range of 24.1757 CLP (High: 995.0495 / Low: 970.8738).
Growth Streaks & Declines
TrendsBetween 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 39.6375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 983.6362) against the same month in 2023 (average: 875.9924), the exchange rate shifted by +107.6438 (+12.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 930.2527 | 881.0744 | 908.8876 |
| February | 990.0990 | 934.5794 | 966.1404 |
| March | 990.0990 | 941.8142 | 967.1509 |
| April | 985.4800 | 940.8000 | 956.3869 |
| May | 960.8174 | 887.5900 | 916.7495 |
| June | 954.6300 | 900.9009 | 928.6736 |
| July | 956.8100 | 905.8900 | 934.8408 |
| August | 952.3810 | 906.8600 | 929.2503 |
| September | 949.8000 | 899.1500 | 926.3215 |
| October | 961.5385 | 904.2300 | 938.0697 |
| November | 986.6800 | 952.3810 | 972.4539 |
| December | 995.0495 | 970.8738 | 983.6362 |