YEARLY HIGH
0.0537 EGP
YEARLY LOW
0.0313 EGP
YEARLY AVERAGE
0.0480 EGP

2024 CLP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.0537. Conversely, the yearly low was recorded on February 26, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0225 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0340 to the December average rate of 0.0514, the exchange rate registered a net change of 51.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0537 was up 36.66% compared to the 2023 peak of 0.0393, 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 53,732 EGP
2023 Average 36,570 EGP
Yearly Trough Low 31,251 EGP
Transaction Impact: A difference of 22,481.31 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0547
0.0299
JanuMarcMayJulySeptNove

CLP to EGP 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 0.0443, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0443
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0198 EGP (High: 0.0514 / Low: 0.0316). On the other end, December was the most stable month, with a tight range of 0.0013 EGP (High: 0.0520 / Low: 0.0507).

March Spread (Volatile) ±0.0198
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0526) against the same month in 2023 (average: 0.0361), the exchange rate shifted by +0.0166 (+45.91%).

2024 Avg (August) 0.0526
2023 Avg (August) 0.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0351 0.0332 0.0340
February 0.0331 0.0313 0.0320
March 0.0514 0.0316 0.0467
April 0.0507 0.0483 0.0500
May 0.0531 0.0496 0.0516
June 0.0523 0.0503 0.0514
July 0.0530 0.0505 0.0515
August 0.0537 0.0511 0.0526
September 0.0537 0.0509 0.0523
October 0.0533 0.0507 0.0518
November 0.0516 0.0499 0.0508
December 0.0520 0.0507 0.0514