YEARLY HIGH
0.2012 JMD
YEARLY LOW
0.1548 JMD
YEARLY AVERAGE
0.1796 JMD

2020 CLP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2012. Conversely, the yearly low was recorded on April 1, dropping to 0.1548.

This high-to-low spread represents a total annual volatility of 0.0465 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1739 to the December average rate of 0.1968, the exchange rate registered a net change of 13.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2012 was down 4.20% compared to the 2019 peak of 0.2100, 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 201,226 JMD
2019 Average 190,111 JMD
Yearly Trough Low 154,762 JMD
Transaction Impact: A difference of 46,464.08 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2004
0.1573
JanuMarcMayJulySeptNove

CLP to JMD 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 0.1707, compared to 0.1886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.1707
H2 Avg (Jul–Dec) 0.1886

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0224 JMD (High: 0.1945 / Low: 0.1721). On the other end, November was the most stable month, with a tight range of 0.0071 JMD (High: 0.1962 / Low: 0.1890).

July Spread (Volatile) ±0.0224
November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0143 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1968) against the same month in 2019 (average: 0.1785), the exchange rate shifted by +0.0183 (+10.28%).

2020 Avg (December) 0.1968
2019 Avg (December) 0.1785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1799 0.1703 0.1739
February 0.1806 0.1677 0.1753
March 0.1677 0.1559 0.1609
April 0.1696 0.1548 0.1613
May 0.1827 0.1685 0.1760
June 0.1865 0.1696 0.1767
July 0.1945 0.1721 0.1827
August 0.1945 0.1840 0.1898
September 0.1922 0.1796 0.1860
October 0.1894 0.1771 0.1835
November 0.1962 0.1890 0.1927
December 0.2012 0.1927 0.1968