YEARLY HIGH
0.5922 MRO
YEARLY LOW
0.5301 MRO
YEARLY AVERAGE
0.5552 MRO

2017 CLP to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.5922. Conversely, the yearly low was recorded on January 11, dropping to 0.5301.

This high-to-low spread represents a total annual volatility of 0.0621 MRO. From a start-to-finish perspective, comparing the January average rate of 0.5434 to the December average rate of 0.5598, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5922 was up 7.55% compared to the 2016 peak of 0.5506, 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 592,220 MRO
2016 Average 519,467 MRO
Yearly Trough Low 530,149 MRO
Transaction Impact: A difference of 62,071.38 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5885
0.5311
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 0.5452, compared to 0.5651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.5452
H2 Avg (Jul–Dec) 0.5651

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0377 MRO (High: 0.5779 / Low: 0.5402). On the other end, February was the most stable month, with a tight range of 0.0110 MRO (High: 0.5626 / Low: 0.5516).

December Spread (Volatile) ±0.0377
February Spread (Stable) ±0.0110

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 0.0153 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.5838) against the same month in 2016 (average: 0.5321), the exchange rate shifted by +0.0517 (+9.71%).

2017 Avg (September) 0.5838
2016 Avg (September) 0.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5538 0.5301 0.5434
February 0.5626 0.5516 0.5583
March 0.5507 0.5342 0.5430
April 0.5573 0.5413 0.5491
May 0.5425 0.5309 0.5359
June 0.5482 0.5348 0.5418
July 0.5623 0.5394 0.5493
August 0.5826 0.5547 0.5649
September 0.5922 0.5712 0.5838
October 0.5896 0.5552 0.5727
November 0.5670 0.5460 0.5601
December 0.5779 0.5402 0.5598