YEARLY HIGH
2.7332 BIF
YEARLY LOW
2.1787 BIF
YEARLY AVERAGE
2.4217 BIF

2020 CLP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.7332. Conversely, the yearly low was recorded on March 18, dropping to 2.1787.

This high-to-low spread represents a total annual volatility of 0.5545 BIF. From a start-to-finish perspective, comparing the January average rate of 2.4365 to the December average rate of 2.6603, the exchange rate registered a net change of 9.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7332 was down 2.58% compared to the 2019 peak of 2.8056, 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 2,733,205 BIF
2019 Average 2,623,741 BIF
Yearly Trough Low 2,178,667 BIF
Transaction Impact: A difference of 554,537.54 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7040
2.1790
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 2.3320, compared to 2.5115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1795 points.

H1 Avg (Jan–Jun) 2.3320
H2 Avg (Jul–Dec) 2.5115

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1783 BIF (High: 2.7332 / Low: 2.5549). On the other end, November was the most stable month, with a tight range of 0.0797 BIF (High: 2.5815 / Low: 2.5019).

December Spread (Volatile) ±0.1783
November Spread (Stable) ±0.0797

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1144 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.6603) against the same month in 2019 (average: 2.4477), the exchange rate shifted by +0.2125 (+8.68%).

2020 Avg (December) 2.6603
2019 Avg (December) 2.4477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5407 2.3629 2.4365
February 2.4282 2.3108 2.3658
March 2.3213 2.1787 2.2514
April 2.2815 2.1877 2.2228
May 2.3880 2.2600 2.3218
June 2.4940 2.3238 2.3935
July 2.5472 2.3753 2.4556
August 2.5473 2.3886 2.4560
September 2.5396 2.4502 2.4970
October 2.5090 2.4061 2.4573
November 2.5815 2.5019 2.5426
December 2.7332 2.5549 2.6603