YEARLY HIGH
0.1328 CVE
YEARLY LOW
0.1125 CVE
YEARLY AVERAGE
0.1234 CVE

2021 CLP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.1328. Conversely, the yearly low was recorded on December 20, dropping to 0.1125.

This high-to-low spread represents a total annual volatility of 0.0203 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1257 to the December average rate of 0.1154, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1328 was down 55.25% compared to the 2020 peak of 0.2967, 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 132,787 CVE
2020 Average 123,167 CVE
Yearly Trough Low 112,492 CVE
Transaction Impact: A difference of 20,295.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1322
0.1138
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 0.1276, compared to 0.1192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1276
H2 Avg (Jul–Dec) 0.1192

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0097 CVE (High: 0.1328 / Low: 0.1231). On the other end, October was the most stable month, with a tight range of 0.0032 CVE (High: 0.1188 / Low: 0.1156).

May Spread (Volatile) ±0.0097
October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1281) against the same month in 2020 (average: 0.1236), the exchange rate shifted by +0.0045 (+3.62%).

2021 Avg (May) 0.1281
2020 Avg (May) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1298 0.1234 0.1257
February 0.1303 0.1245 0.1268
March 0.1309 0.1261 0.1283
April 0.1322 0.1286 0.1307
May 0.1328 0.1231 0.1281
June 0.1304 0.1237 0.1262
July 0.1270 0.1227 0.1245
August 0.1232 0.1185 0.1201
September 0.1213 0.1171 0.1196
October 0.1188 0.1156 0.1171
November 0.1214 0.1163 0.1189
December 0.1174 0.1125 0.1154