YEARLY HIGH
2.2086 MMK
YEARLY LOW
1.9977 MMK
YEARLY AVERAGE
2.0997 MMK

2017 CLP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 2.2086. Conversely, the yearly low was recorded on May 4, dropping to 1.9977.

This high-to-low spread represents a total annual volatility of 0.2109 MMK. From a start-to-finish perspective, comparing the January average rate of 2.0563 to the December average rate of 2.1398, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2086 was up 7.63% compared to the 2016 peak of 2.0520, 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 2,208,629 MMK
2016 Average 1,827,306 MMK
Yearly Trough Low 1,997,703 MMK
Transaction Impact: A difference of 210,926.01 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1891
2.0149
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 2.0668, compared to 2.1327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0659 points.

H1 Avg (Jan–Jun) 2.0668
H2 Avg (Jul–Dec) 2.1327

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1412 MMK (High: 2.2068 / Low: 2.0656). On the other end, March was the most stable month, with a tight range of 0.0362 MMK (High: 2.0831 / Low: 2.0469).

December Spread (Volatile) ±0.1412
March Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between May and September, 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 0.0629 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 2.1598) against the same month in 2016 (average: 1.9199), the exchange rate shifted by +0.2398 (+12.49%).

2017 Avg (October) 2.1598
2016 Avg (October) 1.9199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1046 2.0068 2.0563
February 2.1526 2.1048 2.1282
March 2.0831 2.0469 2.0653
April 2.1050 2.0406 2.0734
May 2.0558 1.9977 2.0294
June 2.0718 2.0202 2.0481
July 2.1117 2.0296 2.0702
August 2.1673 2.0819 2.1133
September 2.2080 2.1348 2.1746
October 2.2086 2.1155 2.1598
November 2.1677 2.0859 2.1383
December 2.2068 2.0656 2.1398