YEARLY HIGH
0.2020 DJF
YEARLY LOW
0.1787 DJF
YEARLY AVERAGE
0.1885 DJF

2024 CLP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2020. Conversely, the yearly low was recorded on December 30, dropping to 0.1787.

This high-to-low spread represents a total annual volatility of 0.0233 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1958 to the December average rate of 0.1808, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2020 was down 11.28% compared to the 2023 peak of 0.2277, 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 201,983 DJF
2023 Average 212,187 DJF
Yearly Trough Low 178,713 DJF
Transaction Impact: A difference of 23,270.69 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1973
0.1793
JanuMarcMayJulySeptNove

CLP to DJF 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 0.1892, compared to 0.1878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1892
H2 Avg (Jul–Dec) 0.1878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0159 DJF (High: 0.2008 / Low: 0.1849). On the other end, December was the most stable month, with a tight range of 0.0050 DJF (High: 0.1837 / Low: 0.1787).

May Spread (Volatile) ±0.0159
December Spread (Stable) ±0.0050

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 0.0116 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1958) against the same month in 2023 (average: 0.2160), the exchange rate shifted by -0.0202 (-9.36%).

2024 Avg (January) 0.1958
2023 Avg (January) 0.2160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2020 0.1911 0.1958
February 0.1904 0.1796 0.1842
March 0.1891 0.1795 0.1838
April 0.1889 0.1802 0.1859
May 0.2008 0.1849 0.1939
June 0.1973 0.1862 0.1915
July 0.1959 0.1858 0.1903
August 0.1961 0.1855 0.1912
September 0.1978 0.1872 0.1921
October 0.1966 0.1849 0.1896
November 0.1867 0.1799 0.1829
December 0.1837 0.1787 0.1808