YEARLY HIGH
0.0672 DOP
YEARLY LOW
0.0593 DOP
YEARLY AVERAGE
0.0630 DOP

2024 CLP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0672. Conversely, the yearly low was recorded on March 6, dropping to 0.0593.

This high-to-low spread represents a total annual volatility of 0.0079 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0645 to the December average rate of 0.0617, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0672 was down 7.20% compared to the 2023 peak of 0.0724, 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 67,202 DOP
2023 Average 66,764 DOP
Yearly Trough Low 59,337 DOP
Transaction Impact: A difference of 7,865.15 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0652
0.0604
JanuMarcMayJulySeptNove

CLP to DOP 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 0.0626, compared to 0.0634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0626
H2 Avg (Jul–Dec) 0.0634

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0055 DOP (High: 0.0661 / Low: 0.0606). On the other end, December was the most stable month, with a tight range of 0.0013 DOP (High: 0.0625 / Low: 0.0612).

May Spread (Volatile) ±0.0055
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0648) against the same month in 2023 (average: 0.0641), the exchange rate shifted by +0.0007 (+1.14%).

2024 Avg (September) 0.0648
2023 Avg (September) 0.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0659 0.0632 0.0645
February 0.0629 0.0594 0.0608
March 0.0628 0.0593 0.0610
April 0.0630 0.0601 0.0618
May 0.0661 0.0606 0.0638
June 0.0657 0.0619 0.0638
July 0.0652 0.0619 0.0633
August 0.0658 0.0619 0.0642
September 0.0672 0.0631 0.0648
October 0.0668 0.0627 0.0643
November 0.0635 0.0611 0.0621
December 0.0625 0.0612 0.0617