2016 CLP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CLP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CLP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 14.1443. Conversely, the yearly low was recorded on January 17, dropping to 10.5464.
This high-to-low spread represents a total annual volatility of 3.5979 GNF. From a start-to-finish perspective, comparing the January average rate of 10.7290 to the December average rate of 13.9099, the exchange rate registered a net change of 29.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 14.1443 was up 13.64% compared to the 2015 peak of 12.4471, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CLP to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.0803, compared to 13.6994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6191 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 2.7242 GNF (High: 13.3394 / Low: 10.6152). On the other end, March was the most stable month, with a tight range of 0.3128 GNF (High: 11.3276 / Low: 11.0148).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.4694 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 13.9099) against the same month in 2015 (average: 10.9728), the exchange rate shifted by +2.9370 (+26.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.9266 | 10.5464 | 10.7290 |
| February | 11.1298 | 10.7904 | 10.9565 |
| March | 11.3276 | 11.0148 | 11.2048 |
| April | 11.4985 | 11.1217 | 11.3235 |
| May | 11.4418 | 10.5625 | 10.8541 |
| June | 13.3394 | 10.6152 | 11.4141 |
| July | 13.7930 | 13.3168 | 13.6158 |
| August | 14.0025 | 13.3763 | 13.7121 |
| September | 13.8168 | 13.3095 | 13.5860 |
| October | 14.0272 | 13.4703 | 13.6983 |
| November | 14.0434 | 13.3015 | 13.6745 |
| December | 14.1443 | 13.5814 | 13.9099 |