YEARLY HIGH
733.3035 CLP
YEARLY LOW
651.4972 CLP
YEARLY AVERAGE
688.9125 CLP

2024 CAD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 733.3035. Conversely, the yearly low was recorded on May 20, dropping to 651.4972.

This high-to-low spread represents a total annual volatility of 81.8063 CLP. From a start-to-finish perspective, comparing the January average rate of 677.3468 to the December average rate of 689.7136, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 733.3035 was up 5.44% compared to the 2023 peak of 695.4659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,666,517 CLP
2023 Average 3,111,758 CLP
Yearly Trough Low 3,257,486 CLP
Transaction Impact: A difference of 409,031.39 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

720.4571
666.2061
JanuMarcMayJulySeptNove

CAD 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 692.4874, compared to 685.3376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.1498 points.

H1 Avg (Jan–Jun) 692.4874
H2 Avg (Jul–Dec) 685.3376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 48.2409 CLP (High: 699.7381 / Low: 651.4972). On the other end, December was the most stable month, with a tight range of 13.0402 CLP (High: 697.9624 / Low: 684.9222).

May Spread (Volatile) ±48.2409
December Spread (Stable) ±13.0402

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 28.3619 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -28.3619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 715.9362) against the same month in 2023 (average: 595.1561), the exchange rate shifted by +120.7801 (+20.29%).

2024 Avg (February) 715.9362
2023 Avg (February) 595.1561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 694.1221 660.0322 677.3468
February 733.3035 698.2446 715.9362
March 732.7255 695.2521 714.2411
April 725.9970 690.2478 699.0890
May 699.7381 651.4972 670.7270
June 696.7848 661.0103 677.5844
July 693.0180 663.8259 681.5849
August 689.8637 672.2553 679.8896
September 698.7861 664.8797 683.7034
October 691.2734 670.0730 681.6863
November 706.8190 685.0971 695.4479
December 697.9624 684.9222 689.7136