YEARLY HIGH
2.4188 MMK
YEARLY LOW
1.8001 MMK
YEARLY AVERAGE
2.1171 MMK

2021 CLP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2.4188. Conversely, the yearly low was recorded on January 27, dropping to 1.8001.

This high-to-low spread represents a total annual volatility of 0.6187 MMK. From a start-to-finish perspective, comparing the January average rate of 1.8394 to the December average rate of 2.0958, the exchange rate registered a net change of 13.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4188 was up 20.75% compared to the 2020 peak of 2.0032, 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 2,418,812 MMK
2020 Average 1,739,003 MMK
Yearly Trough Low 1,800,135 MMK
Transaction Impact: A difference of 618,676.56 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3652
1.7915
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 2.0422, compared to 2.1921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1499 points.

H1 Avg (Jan–Jun) 2.0422
H2 Avg (Jul–Dec) 2.1921

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.2878 MMK (High: 2.3667 / Low: 2.0789). On the other end, March was the most stable month, with a tight range of 0.0634 MMK (High: 1.9787 / Low: 1.9153).

September Spread (Volatile) ±0.2878
March Spread (Stable) ±0.0634

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1226 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2.3174) against the same month in 2020 (average: 1.6410), the exchange rate shifted by +0.6764 (+41.22%).

2021 Avg (October) 2.3174
2020 Avg (October) 1.6410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8998 1.8001 1.8394
February 2.0112 1.8085 1.9404
March 1.9787 1.9153 1.9422
April 2.2365 1.9522 2.0306
May 2.3104 2.1769 2.2426
June 2.2974 2.1988 2.2580
July 2.2384 2.1436 2.1872
August 2.1752 2.0838 2.1075
September 2.3667 2.0789 2.2497
October 2.4188 2.2071 2.3174
November 2.3081 2.1223 2.1948
December 2.1349 2.0377 2.0958