2024 CLP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CLP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CLP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 100.9959. Conversely, the yearly low was recorded on February 16, dropping to 15.4725.
This high-to-low spread represents a total annual volatility of 85.5234 LBP. From a start-to-finish perspective, comparing the January average rate of 16.5409 to the December average rate of 91.0174, the exchange rate registered a net change of 450.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 100.9959 was up 420.96% compared to the 2023 peak of 19.3865, 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 LBP 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 72.2447, compared to 94.5948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3501 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 77.2997 LBP (High: 92.7723 / Low: 15.4725). On the other end, January was the most stable month, with a tight range of 0.9077 LBP (High: 17.0651 / Low: 16.1574).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.4140 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 97.6891) against the same month in 2023 (average: 18.9085), the exchange rate shifted by +78.7806 (+416.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.0651 | 16.1574 | 16.5409 |
| February | 92.7723 | 15.4725 | 36.5477 |
| March | 95.1027 | 90.5111 | 92.6053 |
| April | 95.2204 | 90.8965 | 93.6185 |
| May | 100.9959 | 93.2309 | 97.6891 |
| June | 99.3595 | 93.8336 | 96.4666 |
| July | 98.6945 | 93.6137 | 95.7926 |
| August | 98.7783 | 93.6556 | 96.3274 |
| September | 99.6497 | 94.2979 | 96.7216 |
| October | 99.0112 | 93.1426 | 95.5618 |
| November | 94.0843 | 90.8096 | 92.1478 |
| December | 92.3535 | 89.9366 | 91.0174 |