2024 CLP to AFN Historical Review

YEARLY HIGH

0.0810 AFN

YEARLY LOW

0.0683 AFN

YEARLY AVERAGE

0.0748 AFN

2024 CLP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.0810. Conversely, the yearly low was recorded on November 15, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.0127 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0787 to the December average rate of 0.0706, the exchange rate registered a net change of -10.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0810 was down 29.59% compared to the 2023 peak of 0.1151, 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 81,045 AFN

2023 Average 99,022 AFN

Yearly Trough Low 68,344 AFN

Transaction Impact: A difference of 12,700.26 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0796

0.0687

JanuMarcMayJulySeptNove

CLP to AFN 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 0.0764, compared to 0.0731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0764

H2 Avg (Jul–Dec) 0.0731

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0067 AFN (High: 0.0754 / Low: 0.0687). On the other end, December was the most stable month, with a tight range of 0.0026 AFN (High: 0.0718 / Low: 0.0692).

October Spread (Volatile) ±0.0067

December Spread (Stable) ±0.0026

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 September and October, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0782) against the same month in 2023 (average: 0.1097), the exchange rate shifted by -0.0314 (-28.68%).

2024 Avg (May) 0.0782

2023 Avg (May) 0.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0802	0.0769	0.0787
February	0.0794	0.0735	0.0758
March	0.0769	0.0726	0.0746
April	0.0764	0.0732	0.0751
May	0.0810	0.0750	0.0782
June	0.0788	0.0737	0.0760
July	0.0782	0.0741	0.0757
August	0.0783	0.0735	0.0762
September	0.0773	0.0740	0.0750
October	0.0754	0.0687	0.0715
November	0.0713	0.0683	0.0696
December	0.0718	0.0692	0.0706