YEARLY HIGH
2.0032 MMK
YEARLY LOW
1.6018 MMK
YEARLY AVERAGE
1.7391 MMK

2020 CLP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.0032. Conversely, the yearly low was recorded on March 10, dropping to 1.6018.

This high-to-low spread represents a total annual volatility of 0.4014 MMK. From a start-to-finish perspective, comparing the January average rate of 1.8984 to the December average rate of 1.8312, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0032 was down 15.20% compared to the 2019 peak of 2.3623, 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 2,003,202 MMK
2019 Average 2,168,891 MMK
Yearly Trough Low 1,601,754 MMK
Transaction Impact: A difference of 401,447.48 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9242
1.6153
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 1.7516, compared to 1.7266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 1.7516
H2 Avg (Jul–Dec) 1.7266

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.1753 MMK (High: 2.0032 / Low: 1.8279). On the other end, November was the most stable month, with a tight range of 0.0622 MMK (High: 1.7263 / Low: 1.6640).

January Spread (Volatile) ±0.1753
November Spread (Stable) ±0.0622

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.1503 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.8984) against the same month in 2019 (average: 2.2706), the exchange rate shifted by -0.3722 (-16.39%).

2020 Avg (January) 1.8984
2019 Avg (January) 2.2706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0032 1.8279 1.8984
February 1.8673 1.7562 1.8174
March 1.7596 1.6018 1.6670
April 1.7043 1.6085 1.6653
May 1.7527 1.6508 1.7115
June 1.8301 1.6664 1.7499
July 1.8076 1.6846 1.7464
August 1.8047 1.6857 1.7284
September 1.7388 1.6594 1.7086
October 1.6694 1.6041 1.6410
November 1.7263 1.6640 1.7039
December 1.8863 1.7386 1.8312