2024 CLP to CVE Historical Review

YEARLY HIGH

0.1148 CVE

YEARLY LOW

0.1024 CVE

YEARLY AVERAGE

0.1081 CVE

2024 CLP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.1148. Conversely, the yearly low was recorded on March 6, dropping to 0.1024.

This high-to-low spread represents a total annual volatility of 0.0124 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1113 to the December average rate of 0.1070, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1148 was down 12.55% compared to the 2023 peak of 0.1313, 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 114,804 CVE

2023 Average 121,774 CVE

Yearly Trough Low 102,392 CVE

Transaction Impact: A difference of 12,411.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1121

0.1044

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 0.1086, compared to 0.1076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1086

H2 Avg (Jul–Dec) 0.1076

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0073 CVE (High: 0.1148 / Low: 0.1076). On the other end, December was the most stable month, with a tight range of 0.0022 CVE (High: 0.1079 / Low: 0.1056).

May Spread (Volatile) ±0.0073

December Spread (Stable) ±0.0022

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 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1115) against the same month in 2023 (average: 0.1274), the exchange rate shifted by -0.0159 (-12.51%).

2024 Avg (May) 0.1115

2023 Avg (May) 0.1274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1145	0.1093	0.1113
February	0.1092	0.1028	0.1059
March	0.1078	0.1024	0.1050
April	0.1093	0.1042	0.1074
May	0.1148	0.1076	0.1115
June	0.1129	0.1081	0.1105
July	0.1125	0.1064	0.1088
August	0.1098	0.1058	0.1080
September	0.1104	0.1052	0.1073
October	0.1100	0.1057	0.1080
November	0.1080	0.1054	0.1067
December	0.1079	0.1056	0.1070