YEARLY HIGH
1.0215 KPW
YEARLY LOW
0.9045 KPW
YEARLY AVERAGE
0.9541 KPW

2024 CLP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0215. Conversely, the yearly low was recorded on December 30, dropping to 0.9045.

This high-to-low spread represents a total annual volatility of 0.1170 KPW. From a start-to-finish perspective, comparing the January average rate of 0.9905 to the December average rate of 0.9150, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0215 was down 11.33% compared to the 2023 peak of 1.1520, 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 1,021,480 KPW
2023 Average 1,073,865 KPW
Yearly Trough Low 904,478 KPW
Transaction Impact: A difference of 117,002.56 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9980
0.9075
JanuMarcMayJulySeptNove

CLP to KPW 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 0.9576, compared to 0.9506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.9576
H2 Avg (Jul–Dec) 0.9506

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0773 KPW (High: 1.0140 / Low: 0.9367). On the other end, December was the most stable month, with a tight range of 0.0225 KPW (High: 0.9270 / Low: 0.9045).

May Spread (Volatile) ±0.0773
December Spread (Stable) ±0.0225

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 0.0587 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9905) against the same month in 2023 (average: 1.0938), the exchange rate shifted by -0.1033 (-9.45%).

2024 Avg (January) 0.9905
2023 Avg (January) 1.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0215 0.9675 0.9905
February 0.9630 0.9090 0.9317
March 0.9556 0.9090 0.9308
April 0.9566 0.9133 0.9412
May 1.0140 0.9367 0.9821
June 0.9990 0.9428 0.9694
July 0.9935 0.9406 0.9630
August 0.9924 0.9450 0.9688
September 1.0009 0.9476 0.9718
October 0.9953 0.9360 0.9596
November 0.9450 0.9121 0.9256
December 0.9270 0.9045 0.9150