YEARLY HIGH
0.4054 HUF
YEARLY LOW
0.3625 HUF
YEARLY AVERAGE
0.3873 HUF

2024 CLP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.4054. Conversely, the yearly low was recorded on February 26, dropping to 0.3625.

This high-to-low spread represents a total annual volatility of 0.0429 HUF. From a start-to-finish perspective, comparing the January average rate of 0.3854 to the December average rate of 0.4000, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4054 was down 12.02% compared to the 2023 peak of 0.4608, 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 405,411 HUF
2023 Average 420,853 HUF
Yearly Trough Low 362,479 HUF
Transaction Impact: A difference of 42,932.19 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4028
0.3693
JanuMarcMayJulySeptNove

CLP to HUF 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 0.3837, compared to 0.3909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.3837
H2 Avg (Jul–Dec) 0.3909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0213 HUF (High: 0.4004 / Low: 0.3792). On the other end, August was the most stable month, with a tight range of 0.0100 HUF (High: 0.3899 / Low: 0.3799).

May Spread (Volatile) ±0.0213
August Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between February and June, 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 0.0133 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4000) against the same month in 2023 (average: 0.3991), the exchange rate shifted by +0.0009 (+0.22%).

2024 Avg (December) 0.4000
2023 Avg (December) 0.3991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3953 0.3761 0.3854
February 0.3791 0.3625 0.3721
March 0.3860 0.3651 0.3759
April 0.3886 0.3731 0.3830
May 0.4004 0.3792 0.3909
June 0.4030 0.3877 0.3948
July 0.3979 0.3789 0.3869
August 0.3899 0.3799 0.3854
September 0.3958 0.3751 0.3837
October 0.3984 0.3861 0.3933
November 0.4037 0.3905 0.3962
December 0.4054 0.3952 0.4000