2024 CLP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CLP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CLP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 24.5593. Conversely, the yearly low was recorded on February 26, dropping to 21.0777.
This high-to-low spread represents a total annual volatility of 3.4816 LAK. From a start-to-finish perspective, comparing the January average rate of 22.7225 to the December average rate of 22.2560, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.5593 was up 2.23% compared to the 2023 peak of 24.0231, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CLP to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.4913, compared to 23.2718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7805 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 1.8500 LAK (High: 24.0730 / Low: 22.2230). On the other end, December was the most stable month, with a tight range of 0.6397 LAK (High: 22.5938 / Low: 21.9541).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 23.8654) against the same month in 2023 (average: 22.4906), the exchange rate shifted by +1.3747 (+6.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3575 | 22.2743 | 22.7225 |
| February | 22.1918 | 21.0777 | 21.5800 |
| March | 22.2124 | 21.0883 | 21.6387 |
| April | 22.6176 | 21.4166 | 22.2157 |
| May | 24.0730 | 22.2230 | 23.3078 |
| June | 23.8633 | 23.1267 | 23.4833 |
| July | 24.4388 | 23.1867 | 23.6852 |
| August | 24.3502 | 23.2071 | 23.8099 |
| September | 24.5593 | 23.2985 | 23.8654 |
| October | 24.5323 | 22.8041 | 23.4441 |
| November | 23.0232 | 22.2565 | 22.5702 |
| December | 22.5938 | 21.9541 | 22.2560 |