YEARLY HIGH
0.0077 DKK
YEARLY LOW
0.0069 DKK
YEARLY AVERAGE
0.0073 DKK

2024 CLP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0077. Conversely, the yearly low was recorded on March 6, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0008 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0072, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0077 was down 12.22% 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 7,748 DKK
2023 Average 8,218 DKK
Yearly Trough Low 6,908 DKK
Transaction Impact: A difference of 839.89 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0076
0.0071
JanuMarcMayJulySeptNove

CLP to DKK 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 0.0073, 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) 0.0073
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0005 DKK (High: 0.0077 / Low: 0.0072). On the other end, December was the most stable month, with a tight range of 0.0001 DKK (High: 0.0073 / Low: 0.0072).

May Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0001

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: 0.0075) against the same month in 2023 (average: 0.0084), the exchange rate shifted by -0.0009 (-10.24%).

2024 Avg (January) 0.0075
2023 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

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