2024 CLP to GHS Historical Review

YEARLY HIGH

0.0175 GHS

YEARLY LOW

0.0126 GHS

YEARLY AVERAGE

0.0153 GHS

2024 CLP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0175. Conversely, the yearly low was recorded on February 23, dropping to 0.0126.

This high-to-low spread represents a total annual volatility of 0.0049 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0150, the exchange rate registered a net change of 13.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0175 was up 9.22% compared to the 2023 peak of 0.0161, 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 17,539 GHS

2023 Average 13,945 GHS

Yearly Trough Low 12,625 GHS

Transaction Impact: A difference of 4,913.81 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0175

0.0125

JanuMarcMayJulySeptNove

CLP to GHS 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 0.0142, compared to 0.0165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0142

H2 Avg (Jul–Dec) 0.0165

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0021 GHS (High: 0.0164 / Low: 0.0143). On the other end, June was the most stable month, with a tight range of 0.0005 GHS (High: 0.0165 / Low: 0.0160).

May Spread (Volatile) ±0.0021

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0170) against the same month in 2023 (average: 0.0130), the exchange rate shifted by +0.0040 (+30.75%).

2024 Avg (September) 0.0170

2023 Avg (September) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0130	0.0133
February	0.0132	0.0126	0.0129
March	0.0137	0.0129	0.0134
April	0.0144	0.0134	0.0141
May	0.0164	0.0143	0.0155
June	0.0165	0.0160	0.0162
July	0.0170	0.0162	0.0165
August	0.0173	0.0163	0.0168
September	0.0175	0.0165	0.0170
October	0.0175	0.0168	0.0171
November	0.0172	0.0157	0.0165
December	0.0158	0.0148	0.0150