YEARLY HIGH
2.8056 BIF
YEARLY LOW
2.1797 BIF
YEARLY AVERAGE
2.6246 BIF

2019 CLP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.8056. Conversely, the yearly low was recorded on November 30, dropping to 2.1797.

This high-to-low spread represents a total annual volatility of 0.6258 BIF. From a start-to-finish perspective, comparing the January average rate of 2.6739 to the December average rate of 2.4477, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.8056 was down 6.72% compared to the 2018 peak of 3.0076, 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 2,805,557 BIF
2018 Average 2,775,152 BIF
Yearly Trough Low 2,179,739 BIF
Transaction Impact: A difference of 625,818.22 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.8015
2.3606
JanuMarcMayJulySeptNove

CLP to BIF 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 2.7041, compared to 2.5452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1589 points.

H1 Avg (Jan–Jun) 2.7041
H2 Avg (Jul–Dec) 2.5452

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.3870 BIF (High: 2.5686 / Low: 2.1816). On the other end, August was the most stable month, with a tight range of 0.0633 BIF (High: 2.6179 / Low: 2.5547).

December Spread (Volatile) ±0.3870
August Spread (Stable) ±0.0633

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 October and November, when the average rate fell by 0.1800 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.7648) against the same month in 2018 (average: 2.9575), the exchange rate shifted by -0.1927 (-6.52%).

2019 Avg (February) 2.7648
2018 Avg (February) 2.9575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7220 2.5770 2.6739
February 2.8056 2.7218 2.7648
March 2.7752 2.6543 2.7144
April 2.7734 2.7027 2.7479
May 2.7105 2.5983 2.6561
June 2.7248 2.5794 2.6674
July 2.7140 2.6210 2.6831
August 2.6179 2.5547 2.5847
September 2.6304 2.5416 2.5808
October 2.6256 2.5090 2.5773
November 2.5245 2.1797 2.3973
December 2.5686 2.1816 2.4477