YEARLY HIGH
0.0078 BOB
YEARLY LOW
0.0069 BOB
YEARLY AVERAGE
0.0073 BOB

2024 CLP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0078. Conversely, the yearly low was recorded on December 31, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0009 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0070, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0078 was down 11.29% compared to the 2023 peak of 0.0088, 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 7,846 BOB
2023 Average 8,242 BOB
Yearly Trough Low 6,947 BOB
Transaction Impact: A difference of 898.57 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0077
0.0070
JanuMarcMayJulySeptNove

CLP to BOB 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 0.0074, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0074
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 BOB (High: 0.0078 / Low: 0.0072). On the other end, December was the most stable month, with a tight range of 0.0002 BOB (High: 0.0071 / Low: 0.0069).

May Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0076) against the same month in 2023 (average: 0.0084), the exchange rate shifted by -0.0008 (-9.46%).

2024 Avg (January) 0.0076
2023 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0074 0.0076
February 0.0074 0.0070 0.0072
March 0.0073 0.0070 0.0071
April 0.0073 0.0070 0.0072
May 0.0078 0.0072 0.0075
June 0.0077 0.0072 0.0074
July 0.0076 0.0072 0.0074
August 0.0076 0.0072 0.0074
September 0.0077 0.0073 0.0075
October 0.0076 0.0072 0.0074
November 0.0073 0.0070 0.0071
December 0.0071 0.0069 0.0070