YEARLY HIGH
2.4394 MMK
YEARLY LOW
2.1056 MMK
YEARLY AVERAGE
2.2448 MMK

2018 CLP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 2.4394. Conversely, the yearly low was recorded on May 8, dropping to 2.1056.

This high-to-low spread represents a total annual volatility of 0.3338 MMK. From a start-to-finish perspective, comparing the January average rate of 2.2218 to the December average rate of 2.2884, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4394 was up 10.45% compared to the 2017 peak of 2.2086, 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 2,439,379 MMK
2017 Average 2,099,393 MMK
Yearly Trough Low 2,105,628 MMK
Transaction Impact: A difference of 333,750.87 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3789
2.1350
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 2.1995, compared to 2.2902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0907 points.

H1 Avg (Jan–Jun) 2.1995
H2 Avg (Jul–Dec) 2.2902

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.2126 MMK (High: 2.4394 / Low: 2.2268). On the other end, April was the most stable month, with a tight range of 0.0415 MMK (High: 2.2420 / Low: 2.2004).

September Spread (Volatile) ±0.2126
April Spread (Stable) ±0.0415

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0701 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.3116) against the same month in 2017 (average: 2.1746), the exchange rate shifted by +0.1370 (+6.30%).

2018 Avg (September) 2.3116
2017 Avg (September) 2.1746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2438 2.1958 2.2218
February 2.2761 2.2017 2.2336
March 2.2416 2.1908 2.2132
April 2.2420 2.2004 2.2174
May 2.2002 2.1056 2.1553
June 2.1895 2.1274 2.1556
July 2.2857 2.1416 2.1916
August 2.3293 2.2310 2.2758
September 2.4394 2.2268 2.3116
October 2.3913 2.2574 2.3153
November 2.3968 2.3066 2.3585
December 2.3669 2.2257 2.2884