2024 CLP to IDR Historical Review

YEARLY HIGH

18.0719 IDR

YEARLY LOW

15.8035 IDR

YEARLY AVERAGE

16.8182 IDR

2024 CLP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 18.0719. Conversely, the yearly low was recorded on February 26, dropping to 15.8035.

This high-to-low spread represents a total annual volatility of 2.2684 IDR. From a start-to-finish perspective, comparing the January average rate of 17.1895 to the December average rate of 16.3338, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.0719 was down 7.20% compared to the 2023 peak of 19.4738, 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 18,071,858 IDR

2023 Average 18,171,422 IDR

Yearly Trough Low 15,803,475 IDR

Transaction Impact: A difference of 2,268,382.76 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.7632

16.0752

JanuMarcMayJulySeptNove

CLP to IDR 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 16.9425, compared to 16.6939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2486 points.

H1 Avg (Jan–Jun) 16.9425

H2 Avg (Jul–Dec) 16.6939

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.2179 IDR (High: 18.0719 / Low: 16.8540). On the other end, December was the most stable month, with a tight range of 0.2466 IDR (High: 16.5016 / Low: 16.2550).

May Spread (Volatile) ±1.2179

December Spread (Stable) ±0.2466

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 0.9736 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 17.5302) against the same month in 2023 (average: 18.6084), the exchange rate shifted by -1.0782 (-5.79%).

2024 Avg (May) 17.5302

2023 Avg (May) 18.6084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6625	16.9413	17.1895
February	16.8344	15.8035	16.2158
March	16.6188	15.8309	16.2529
April	17.2156	16.1710	16.8440
May	18.0719	16.8540	17.5302
June	17.9932	17.1696	17.6225
July	17.8225	17.0468	17.3854
August	17.1710	16.6847	16.9578
September	16.9935	16.2905	16.5544
October	17.0105	16.2297	16.6414
November	16.5892	16.0634	16.2905
December	16.5016	16.2550	16.3338