2024 CLP to MDL Historical Review

YEARLY HIGH

0.0199 MDL

YEARLY LOW

0.0178 MDL

YEARLY AVERAGE

0.0188 MDL

2024 CLP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.0199. Conversely, the yearly low was recorded on March 6, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0021 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0186, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0199 was down 17.04% compared to the 2023 peak of 0.0240, 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 19,911 MDL

2023 Average 21,601 MDL

Yearly Trough Low 17,826 MDL

Transaction Impact: A difference of 2,085.14 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0195

0.0181

JanuMarcMayJulySeptNove

CLP to MDL 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 0.0188, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0188

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0016 MDL (High: 0.0199 / Low: 0.0184). On the other end, December was the most stable month, with a tight range of 0.0005 MDL (High: 0.0189 / Low: 0.0184).

May Spread (Volatile) ±0.0016

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0193) against the same month in 2023 (average: 0.0223), the exchange rate shifted by -0.0030 (-13.48%).

2024 Avg (May) 0.0193

2023 Avg (May) 0.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0198	0.0190	0.0194
February	0.0190	0.0180	0.0184
March	0.0188	0.0178	0.0183
April	0.0188	0.0178	0.0185
May	0.0199	0.0184	0.0193
June	0.0195	0.0187	0.0191
July	0.0195	0.0185	0.0189
August	0.0193	0.0185	0.0188
September	0.0193	0.0182	0.0188
October	0.0192	0.0185	0.0189
November	0.0188	0.0182	0.0186
December	0.0189	0.0184	0.0186