2024 CLP to GMD Historical Review

YEARLY HIGH

0.0781 GMD

YEARLY LOW

0.0685 GMD

YEARLY AVERAGE

0.0729 GMD

2024 CLP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0781. Conversely, the yearly low was recorded on February 26, dropping to 0.0685.

This high-to-low spread represents a total annual volatility of 0.0096 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0741 to the December average rate of 0.0730, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0781 was down 0.96% compared to the 2023 peak of 0.0789, 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 78,100 GMD

2023 Average 74,217 GMD

Yearly Trough Low 68,503 GMD

Transaction Impact: A difference of 9,596.75 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0757

0.0695

JanuMarcMayJulySeptNove

CLP to GMD 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 0.0720, compared to 0.0738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0720

H2 Avg (Jul–Dec) 0.0738

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0058 GMD (High: 0.0763 / Low: 0.0705). On the other end, December was the most stable month, with a tight range of 0.0018 GMD (High: 0.0742 / Low: 0.0724).

May Spread (Volatile) ±0.0058

December Spread (Stable) ±0.0018

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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0752) against the same month in 2023 (average: 0.0707), the exchange rate shifted by +0.0045 (+6.30%).

2024 Avg (August) 0.0752

2023 Avg (August) 0.0707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0763	0.0725	0.0741
February	0.0721	0.0685	0.0700
March	0.0722	0.0687	0.0703
April	0.0722	0.0688	0.0710
May	0.0763	0.0705	0.0740
June	0.0752	0.0710	0.0730
July	0.0748	0.0708	0.0726
August	0.0781	0.0727	0.0752
September	0.0777	0.0731	0.0751
October	0.0770	0.0722	0.0739
November	0.0751	0.0720	0.0732
December	0.0742	0.0724	0.0730