YEARLY HIGH
2.0520 MMK
YEARLY LOW
1.6919 MMK
YEARLY AVERAGE
1.8270 MMK

2016 CLP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.0520. Conversely, the yearly low was recorded on May 24, dropping to 1.6919.

This high-to-low spread represents a total annual volatility of 0.3601 MMK. From a start-to-finish perspective, comparing the January average rate of 1.8023 to the December average rate of 2.0233, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0520 was up 9.39% compared to the 2015 peak of 1.8759, 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 2,051,995 MMK
2015 Average 1,695,569 MMK
Yearly Trough Low 1,691,924 MMK
Transaction Impact: A difference of 360,070.74 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0536
1.6900
JanuMarcMayJulySeptNove

CLP to MMK 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 1.7661, compared to 1.8878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1217 points.

H1 Avg (Jan–Jun) 1.7661
H2 Avg (Jul–Dec) 1.8878

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.1369 MMK (High: 1.9121 / Low: 1.7753). On the other end, March was the most stable month, with a tight range of 0.0354 MMK (High: 1.8056 / Low: 1.7701).

September Spread (Volatile) ±0.1369
March Spread (Stable) ±0.0354

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0458 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.0233) against the same month in 2015 (average: 1.8445), the exchange rate shifted by +0.1788 (+9.69%).

2016 Avg (December) 2.0233
2015 Avg (December) 1.8445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8472 1.7747 1.8023
February 1.8222 1.7193 1.7737
March 1.8056 1.7701 1.7896
April 1.8156 1.7291 1.7661
May 1.7707 1.6919 1.7203
June 1.7711 1.7184 1.7446
July 1.8247 1.7595 1.7931
August 1.8392 1.7871 1.8085
September 1.9121 1.7753 1.8378
October 1.9783 1.8705 1.9199
November 1.9790 1.9162 1.9445
December 2.0520 1.9507 2.0233