YEARLY HIGH
0.2967 CVE
YEARLY LOW
0.1149 CVE
YEARLY AVERAGE
0.1232 CVE

2020 CLP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2967. Conversely, the yearly low was recorded on March 12, dropping to 0.1149.

This high-to-low spread represents a total annual volatility of 0.1819 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1288 to the December average rate of 0.1245, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2967 was up 97.19% compared to the 2019 peak of 0.1505, 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 296,722 CVE
2019 Average 140,744 CVE
Yearly Trough Low 114,856 CVE
Transaction Impact: A difference of 181,865.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1298
0.1179
JanuMarcMayJulySeptNove

CLP to CVE 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 0.1246, compared to 0.1217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1246
H2 Avg (Jul–Dec) 0.1217

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1819 CVE (High: 0.2967 / Low: 0.1149). On the other end, September was the most stable month, with a tight range of 0.0029 CVE (High: 0.1230 / Low: 0.1201).

March Spread (Volatile) ±0.1819
September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1252) against the same month in 2019 (average: 0.1459), the exchange rate shifted by -0.0207 (-14.19%).

2020 Avg (March) 0.1252
2019 Avg (March) 0.1459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1332 0.1252 0.1288
February 0.1295 0.1234 0.1271
March 0.2967 0.1149 0.1252
April 0.1222 0.1170 0.1194
May 0.1259 0.1206 0.1236
June 0.1280 0.1196 0.1235
July 0.1306 0.1217 0.1236
August 0.1243 0.1156 0.1189
September 0.1230 0.1201 0.1213
October 0.1226 0.1175 0.1195
November 0.1253 0.1205 0.1226
December 0.1274 0.1209 0.1245