2024 CLP to ISK Historical Review

YEARLY HIGH

0.1565 ISK

YEARLY LOW

0.1380 ISK

YEARLY AVERAGE

0.1462 ISK

2024 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1565. Conversely, the yearly low was recorded on March 6, dropping to 0.1380.

This high-to-low spread represents a total annual volatility of 0.0186 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1507 to the December average rate of 0.1410, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1565 was down 14.26% compared to the 2023 peak of 0.1826, 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 156,548 ISK

2023 Average 164,532 ISK

Yearly Trough Low 137,986 ISK

Transaction Impact: A difference of 18,561.31 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1525

0.1400

JanuMarcMayJulySeptNove

CLP to ISK 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 0.1471, compared to 0.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1471

H2 Avg (Jul–Dec) 0.1454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0103 ISK (High: 0.1559 / Low: 0.1456). On the other end, December was the most stable month, with a tight range of 0.0035 ISK (High: 0.1425 / Low: 0.1390).

May Spread (Volatile) ±0.0103

December Spread (Stable) ±0.0035

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 0.0081 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1507) against the same month in 2023 (average: 0.1737), the exchange rate shifted by -0.0230 (-13.24%).

2024 Avg (January) 0.1507

2023 Avg (January) 0.1737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1565	0.1470	0.1507
February	0.1457	0.1394	0.1426
March	0.1450	0.1380	0.1419
April	0.1487	0.1421	0.1467
May	0.1559	0.1456	0.1515
June	0.1521	0.1457	0.1494
July	0.1511	0.1444	0.1473
August	0.1518	0.1443	0.1483
September	0.1515	0.1454	0.1478
October	0.1498	0.1422	0.1459
November	0.1438	0.1398	0.1420
December	0.1425	0.1390	0.1410