YEARLY HIGH
1.6098 KRW
YEARLY LOW
1.3642 KRW
YEARLY AVERAGE
1.5094 KRW

2021 CLP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 1.6098. Conversely, the yearly low was recorded on December 20, dropping to 1.3642.

This high-to-low spread represents a total annual volatility of 0.2456 KRW. From a start-to-finish perspective, comparing the January average rate of 1.5202 to the December average rate of 1.3941, the exchange rate registered a net change of -8.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6098 was up 1.99% compared to the 2020 peak of 1.5784, 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 1,609,831 KRW
2020 Average 1,489,893 KRW
Yearly Trough Low 1,364,194 KRW
Transaction Impact: A difference of 245,636.80 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5969
1.3756
JanuMarcMayJulySeptNove

CLP to KRW 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 1.5519, compared to 1.4670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0849 points.

H1 Avg (Jan–Jun) 1.5519
H2 Avg (Jul–Dec) 1.4670

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0910 KRW (High: 1.5023 / Low: 1.4113). On the other end, July was the most stable month, with a tight range of 0.0338 KRW (High: 1.5371 / Low: 1.5033).

November Spread (Volatile) ±0.0910
July Spread (Stable) ±0.0338

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0618 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.5757) against the same month in 2020 (average: 1.4997), the exchange rate shifted by +0.0760 (+5.07%).

2021 Avg (May) 1.5757
2020 Avg (May) 1.4997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5626 1.4883 1.5202
February 1.5798 1.5122 1.5396
March 1.5841 1.5251 1.5572
April 1.6027 1.5582 1.5785
May 1.6098 1.5292 1.5757
June 1.5576 1.5133 1.5401
July 1.5371 1.5033 1.5214
August 1.5224 1.4538 1.4860
September 1.5083 1.4602 1.4935
October 1.4703 1.4316 1.4509
November 1.5023 1.4113 1.4558
December 1.4131 1.3642 1.3941