YEARLY HIGH
0.0147 MAD
YEARLY LOW
0.0112 MAD
YEARLY AVERAGE
0.0137 MAD

2019 CLP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0147. Conversely, the yearly low was recorded on November 30, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0035 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0125, the exchange rate registered a net change of -11.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0147 was down 6.02% compared to the 2018 peak of 0.0157, 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 14,723 MAD
2018 Average 14,650 MAD
Yearly Trough Low 11,249 MAD
Transaction Impact: A difference of 3,474.59 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0148
0.0121
JanuMarcMayJulySeptNove

CLP to MAD 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 0.0142, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0142
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0018 MAD (High: 0.0131 / Low: 0.0113). On the other end, April was the most stable month, with a tight range of 0.0003 MAD (High: 0.0146 / Low: 0.0142).

December Spread (Volatile) ±0.0018
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0145) against the same month in 2018 (average: 0.0154), the exchange rate shifted by -0.0009 (-5.58%).

2019 Avg (February) 0.0145
2018 Avg (February) 0.0154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0144 0.0137 0.0141
February 0.0147 0.0144 0.0145
March 0.0146 0.0141 0.0143
April 0.0146 0.0142 0.0145
May 0.0143 0.0137 0.0140
June 0.0141 0.0137 0.0139
July 0.0141 0.0137 0.0140
August 0.0137 0.0132 0.0134
September 0.0137 0.0133 0.0135
October 0.0136 0.0129 0.0134
November 0.0130 0.0112 0.0124
December 0.0131 0.0113 0.0125