YEARLY HIGH
0.0130 MAD
YEARLY LOW
0.0112 MAD
YEARLY AVERAGE
0.0120 MAD

2020 CLP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0130. Conversely, the yearly low was recorded on March 18, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0018 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0123, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0130 was down 11.83% compared to the 2019 peak of 0.0147, 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 12,982 MAD
2019 Average 13,703 MAD
Yearly Trough Low 11,165 MAD
Transaction Impact: A difference of 1,817.11 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0125
0.0114
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 0.0120, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0120
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0010 MAD (High: 0.0130 / Low: 0.0120). On the other end, July was the most stable month, with a tight range of 0.0003 MAD (High: 0.0123 / Low: 0.0120).

January Spread (Volatile) ±0.0010
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0124) against the same month in 2019 (average: 0.0141), the exchange rate shifted by -0.0017 (-12.05%).

2020 Avg (January) 0.0124
2019 Avg (January) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0130 0.0120 0.0124
February 0.0124 0.0117 0.0121
March 0.0119 0.0112 0.0115
April 0.0122 0.0116 0.0119
May 0.0123 0.0117 0.0120
June 0.0126 0.0118 0.0121
July 0.0123 0.0120 0.0122
August 0.0123 0.0114 0.0118
September 0.0122 0.0118 0.0119
October 0.0120 0.0115 0.0117
November 0.0122 0.0118 0.0120
December 0.0127 0.0119 0.0123