YEARLY HIGH
739.6000 CLP
YEARLY LOW
658.8161 CLP
YEARLY AVERAGE
706.5528 CLP

2024 BND to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 739.6000. Conversely, the yearly low was recorded on May 20, dropping to 658.8161.

This high-to-low spread represents a total annual volatility of 80.7839 CLP. From a start-to-finish perspective, comparing the January average rate of 680.7710 to the December average rate of 728.6056, the exchange rate registered a net change of 7.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 739.6000 was up 7.03% compared to the 2023 peak of 691.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,698,000 CLP
2023 Average 3,128,862 CLP
Yearly Trough Low 3,294,081 CLP
Transaction Impact: A difference of 403,919.53 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

733.6248
673.3943
JanuMarcMayJulySeptNove

BND 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 698.5427, compared to 714.5630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0202 points.

H1 Avg (Jan–Jun) 698.5427
H2 Avg (Jul–Dec) 714.5630

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 45.2058 CLP (High: 704.0219 / Low: 658.8161). On the other end, December was the most stable month, with a tight range of 13.0466 CLP (High: 736.1543 / Low: 723.1077).

May Spread (Volatile) ±45.2058
December Spread (Stable) ±13.0466

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 26.8192 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -26.8192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 727.7397) against the same month in 2023 (average: 657.1218), the exchange rate shifted by +70.6180 (+10.75%).

2024 Avg (November) 727.7397
2023 Avg (November) 657.1218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 695.3393 663.8700 680.7710
February 736.7236 698.5734 718.5067
March 738.2507 704.2428 721.4517
April 730.8747 693.7936 705.2327
May 704.0219 658.8161 678.4135
June 703.2985 667.4373 686.8808
July 711.8772 673.4666 694.4004
August 721.0987 694.5482 706.2545
September 728.1272 700.4403 714.4808
October 727.8334 702.8430 715.8967
November 739.6000 719.9472 727.7397
December 736.1543 723.1077 728.6056