YEARLY HIGH
0.0946 INR
YEARLY LOW
0.0836 INR
YEARLY AVERAGE
0.0887 INR

2024 CLP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0946. Conversely, the yearly low was recorded on March 6, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0109 INR. From a start-to-finish perspective, comparing the January average rate of 0.0915 to the December average rate of 0.0864, the exchange rate registered a net change of -5.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0946 was down 10.15% compared to the 2023 peak of 0.1053, 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 94,564 INR
2023 Average 98,494 INR
Yearly Trough Low 83,648 INR
Transaction Impact: A difference of 10,916.83 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0920
0.0853
JanuMarcMayJulySeptNove

CLP to INR 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 0.0886, compared to 0.0888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0886
H2 Avg (Jul–Dec) 0.0888

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0071 INR (High: 0.0939 / Low: 0.0868). On the other end, December was the most stable month, with a tight range of 0.0017 INR (High: 0.0874 / Low: 0.0856).

May Spread (Volatile) ±0.0071
December Spread (Stable) ±0.0017

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 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0915) against the same month in 2023 (average: 0.0993), the exchange rate shifted by -0.0078 (-7.90%).

2024 Avg (January) 0.0915
2023 Avg (January) 0.0993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0946 0.0893 0.0915
February 0.0887 0.0837 0.0859
March 0.0881 0.0836 0.0859
April 0.0887 0.0846 0.0872
May 0.0939 0.0868 0.0910
June 0.0922 0.0874 0.0899
July 0.0922 0.0875 0.0895
August 0.0925 0.0880 0.0903
September 0.0931 0.0884 0.0905
October 0.0928 0.0875 0.0896
November 0.0884 0.0856 0.0868
December 0.0874 0.0856 0.0864