YEARLY HIGH
0.0024 BGN
YEARLY LOW
0.0020 BGN
YEARLY AVERAGE
0.0022 BGN

2020 CLP to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0024. Conversely, the yearly low was recorded on August 17, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0022, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0024 was down 11.32% compared to the 2019 peak of 0.0027, 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 2,355 BGN
2019 Average 2,489 BGN
Yearly Trough Low 2,039 BGN
Transaction Impact: A difference of 315.47 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0023
0.0021
JanuMarcMayJulySeptNove

CLP to BGN 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 0.0022, compared to 0.0022 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) 0.0022
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0002 BGN (High: 0.0022 / Low: 0.0020). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0022 / Low: 0.0021).

August Spread (Volatile) ±0.0002
September 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0023) against the same month in 2019 (average: 0.0025), the exchange rate shifted by -0.0003 (-10.27%).

2020 Avg (January) 0.0023
2019 Avg (January) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0022 0.0023
February 0.0023 0.0022 0.0022
March 0.0022 0.0020 0.0021
April 0.0022 0.0021 0.0021
May 0.0022 0.0021 0.0022
June 0.0023 0.0021 0.0022
July 0.0022 0.0021 0.0022
August 0.0022 0.0020 0.0021
September 0.0022 0.0021 0.0021
October 0.0022 0.0021 0.0021
November 0.0022 0.0021 0.0022
December 0.0023 0.0021 0.0022