YEARLY HIGH
0.1011 KGS
YEARLY LOW
0.0874 KGS
YEARLY AVERAGE
0.0924 KGS

2024 CLP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1011. Conversely, the yearly low was recorded on December 30, dropping to 0.0874.

This high-to-low spread represents a total annual volatility of 0.0137 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0982 to the December average rate of 0.0884, the exchange rate registered a net change of -10.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1011 was down 9.02% compared to the 2023 peak of 0.1111, 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 101,110 KGS
2023 Average 104,773 KGS
Yearly Trough Low 87,433 KGS
Transaction Impact: A difference of 13,677.02 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0992
0.0874
JanuMarcMayJulySeptNove

CLP to KGS 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 0.0944, compared to 0.0903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0944
H2 Avg (Jul–Dec) 0.0903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0071 KGS (High: 0.0994 / Low: 0.0923). On the other end, December was the most stable month, with a tight range of 0.0020 KGS (High: 0.0894 / Low: 0.0874).

May Spread (Volatile) ±0.0071
December Spread (Stable) ±0.0020

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 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0982) against the same month in 2023 (average: 0.1040), the exchange rate shifted by -0.0058 (-5.58%).

2024 Avg (January) 0.0982
2023 Avg (January) 0.1040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1011 0.0960 0.0982
February 0.0956 0.0903 0.0926
March 0.0950 0.0903 0.0925
April 0.0950 0.0907 0.0931
May 0.0994 0.0923 0.0963
June 0.0973 0.0906 0.0938
July 0.0942 0.0878 0.0910
August 0.0941 0.0883 0.0917
September 0.0936 0.0887 0.0911
October 0.0932 0.0892 0.0910
November 0.0905 0.0875 0.0888
December 0.0894 0.0874 0.0884