2024 CLP to ETB Historical Review

YEARLY HIGH

0.1326 ETB

YEARLY LOW

0.0573 ETB

YEARLY AVERAGE

0.0870 ETB

2024 CLP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1326. Conversely, the yearly low was recorded on February 26, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0753 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0621 to the December average rate of 0.1288, the exchange rate registered a net change of 107.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1326 was up 91.04% compared to the 2023 peak of 0.0694, 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 132,570 ETB

2023 Average 65,283 ETB

Yearly Trough Low 57,277 ETB

Transaction Impact: A difference of 75,293.10 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1358

0.0516

JanuMarcMayJulySeptNove

CLP to ETB 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 0.0606, compared to 0.1135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 0.0606

H2 Avg (Jul–Dec) 0.1135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0409 ETB (High: 0.1240 / Low: 0.0831). On the other end, March was the most stable month, with a tight range of 0.0030 ETB (High: 0.0603 / Low: 0.0573).

August Spread (Volatile) ±0.0409

March Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between June and October, 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 0.0035 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1247) against the same month in 2023 (average: 0.0623), the exchange rate shifted by +0.0624 (+100.08%).

2024 Avg (September) 0.1247

2023 Avg (September) 0.0623

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0639	0.0604	0.0621
February	0.0604	0.0573	0.0586
March	0.0603	0.0573	0.0587
April	0.0608	0.0577	0.0595
May	0.0648	0.0595	0.0626
June	0.0638	0.0605	0.0619
July	0.0800	0.0604	0.0623
August	0.1240	0.0831	0.1109
September	0.1326	0.1174	0.1247
October	0.1321	0.1243	0.1283
November	0.1295	0.1239	0.1261
December	0.1303	0.1255	0.1288