2024 CLP to LRD Historical Review

YEARLY HIGH

0.2180 LRD

YEARLY LOW

0.1820 LRD

YEARLY AVERAGE

0.2030 LRD

2024 CLP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.2180. Conversely, the yearly low was recorded on December 18, dropping to 0.1820.

This high-to-low spread represents a total annual volatility of 0.0360 LRD. From a start-to-finish perspective, comparing the January average rate of 0.2081 to the December average rate of 0.1836, the exchange rate registered a net change of -11.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2180 was down 4.82% compared to the 2023 peak of 0.2290, 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 217,978 LRD

2023 Average 207,910 LRD

Yearly Trough Low 182,023 LRD

Transaction Impact: A difference of 35,954.65 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2140

0.1808

JanuMarcMayJulySeptNove

CLP to LRD 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 0.2044, compared to 0.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.2044

H2 Avg (Jul–Dec) 0.2016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0191 LRD (High: 0.2015 / Low: 0.1824). On the other end, December was the most stable month, with a tight range of 0.0030 LRD (High: 0.1850 / Low: 0.1820).

November Spread (Volatile) ±0.0191

December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2112) against the same month in 2023 (average: 0.2093), the exchange rate shifted by +0.0019 (+0.92%).

2024 Avg (May) 0.2112

2023 Avg (May) 0.2093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2139	0.2040	0.2081
February	0.2033	0.1927	0.1972
March	0.2045	0.1945	0.1990
April	0.2053	0.1917	0.2016
May	0.2180	0.2013	0.2112
June	0.2151	0.2037	0.2090
July	0.2149	0.2043	0.2085
August	0.2152	0.2052	0.2105
September	0.2155	0.2053	0.2112
October	0.2143	0.1997	0.2055
November	0.2015	0.1824	0.1903
December	0.1850	0.1820	0.1836