YEARLY HIGH
0.0089 HKD
YEARLY LOW
0.0078 HKD
YEARLY AVERAGE
0.0083 HKD

2024 CLP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0089. Conversely, the yearly low was recorded on December 30, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0011 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0079, the exchange rate registered a net change of -8.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0089 was down 11.75% compared to the 2023 peak of 0.0100, 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 8,861 HKD
2023 Average 9,342 HKD
Yearly Trough Low 7,802 HKD
Transaction Impact: A difference of 1,059.14 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0087
0.0078
JanuMarcMayJulySeptNove

CLP to HKD 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 0.0083, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0083
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 HKD (High: 0.0088 / Low: 0.0081). On the other end, December was the most stable month, with a tight range of 0.0002 HKD (High: 0.0080 / Low: 0.0078).

May Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0086) against the same month in 2023 (average: 0.0095), the exchange rate shifted by -0.0009 (-9.49%).

2024 Avg (January) 0.0086
2023 Avg (January) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0084 0.0086
February 0.0084 0.0079 0.0081
March 0.0083 0.0079 0.0081
April 0.0083 0.0079 0.0082
May 0.0088 0.0081 0.0085
June 0.0087 0.0082 0.0084
July 0.0086 0.0082 0.0084
August 0.0086 0.0082 0.0084
September 0.0086 0.0082 0.0084
October 0.0086 0.0081 0.0083
November 0.0082 0.0079 0.0080
December 0.0080 0.0078 0.0079