YEARLY HIGH
0.0042 AED
YEARLY LOW
0.0037 AED
YEARLY AVERAGE
0.0039 AED

2024 CLP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0042. Conversely, the yearly low was recorded on December 30, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0005 AED. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0037, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0042 was down 11.33% compared to the 2023 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 4,169 AED
2023 Average 4,382 AED
Yearly Trough Low 3,691 AED
Transaction Impact: A difference of 477.26 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041
0.0037
JanuMarcMayJulySeptNove

CLP to AED 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 0.0039, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 AED (High: 0.0041 / Low: 0.0038). On the other end, December was the most stable month, with a tight range of 0.0001 AED (High: 0.0038 / Low: 0.0037).

May Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0040) against the same month in 2023 (average: 0.0045), the exchange rate shifted by -0.0004 (-9.45%).

2024 Avg (January) 0.0040
2023 Avg (January) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0039 0.0040
February 0.0039 0.0037 0.0038
March 0.0039 0.0037 0.0038
April 0.0039 0.0037 0.0038
May 0.0041 0.0038 0.0040
June 0.0041 0.0038 0.0040
July 0.0041 0.0038 0.0039
August 0.0041 0.0039 0.0040
September 0.0041 0.0039 0.0040
October 0.0041 0.0038 0.0039
November 0.0039 0.0037 0.0038
December 0.0038 0.0037 0.0037