YEARLY HIGH
0.5506 MRO
YEARLY LOW
0.4317 MRO
YEARLY AVERAGE
0.5194 MRO

2016 CLP to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.5506. Conversely, the yearly low was recorded on January 6, dropping to 0.4317.

This high-to-low spread represents a total annual volatility of 0.1190 MRO. From a start-to-finish perspective, comparing the January average rate of 0.4640 to the December average rate of 0.5369, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5506 was up 3.45% compared to the 2015 peak of 0.5323, 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 550,645 MRO
2015 Average 474,119 MRO
Yearly Trough Low 431,677 MRO
Transaction Impact: A difference of 118,968.18 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5477
0.4564
JanuMarcMayJulySeptNove

CLP to MRO 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 0.5019, compared to 0.5369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.5019
H2 Avg (Jul–Dec) 0.5369

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0517 MRO (High: 0.4834 / Low: 0.4317). On the other end, May was the most stable month, with a tight range of 0.0111 MRO (High: 0.5220 / Low: 0.5109).

January Spread (Volatile) ±0.0517
May Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5359) against the same month in 2015 (average: 0.4568), the exchange rate shifted by +0.0791 (+17.32%).

2016 Avg (November) 0.5359
2015 Avg (November) 0.4568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4834 0.4317 0.4640
February 0.4976 0.4659 0.4865
March 0.5121 0.4953 0.5057
April 0.5270 0.5051 0.5161
May 0.5220 0.5109 0.5159
June 0.5346 0.5139 0.5229
July 0.5466 0.5348 0.5401
August 0.5506 0.5262 0.5388
September 0.5408 0.5230 0.5321
October 0.5488 0.5306 0.5376
November 0.5506 0.5255 0.5359
December 0.5494 0.5292 0.5369