2024 BWP to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 73.1264. Conversely, the yearly low was recorded on January 3, dropping to 64.9959.
This high-to-low spread represents a total annual volatility of 8.1305 CLP. From a start-to-finish perspective, comparing the January average rate of 66.9252 to the December average rate of 71.7169, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 73.1264 was up 5.67% compared to the 2023 peak of 69.2007, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP 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 68.8821, compared to 70.3691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 4.1906 CLP (High: 71.7228 / Low: 67.5322). On the other end, December was the most stable month, with a tight range of 1.6394 CLP (High: 72.8380 / Low: 71.1986).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.1646 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 71.8157) against the same month in 2023 (average: 65.5596), the exchange rate shifted by +6.2561 (+9.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.4960 | 64.9959 | 66.9252 |
| February | 71.7971 | 68.8146 | 70.4778 |
| March | 72.4792 | 69.2174 | 70.7908 |
| April | 71.7228 | 67.5322 | 69.5537 |
| May | 69.4322 | 65.6158 | 67.3890 |
| June | 69.9397 | 65.8086 | 68.1562 |
| July | 70.3518 | 67.2421 | 69.0009 |
| August | 70.7958 | 68.0130 | 69.2724 |
| September | 71.2085 | 68.6721 | 69.9480 |
| October | 71.9619 | 69.3228 | 70.4605 |
| November | 73.1264 | 71.0673 | 71.8157 |
| December | 72.8380 | 71.1986 | 71.7169 |