YEARLY HIGH
0.5509 MRO
YEARLY LOW
0.4161 MRO
YEARLY AVERAGE
0.5090 MRO

2019 CLP to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.5509. Conversely, the yearly low was recorded on November 30, dropping to 0.4161.

This high-to-low spread represents a total annual volatility of 0.1347 MRO. From a start-to-finish perspective, comparing the January average rate of 0.5289 to the December average rate of 0.4655, the exchange rate registered a net change of -11.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5509 was down 8.95% compared to the 2018 peak of 0.6050, 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 550,851 MRO
2018 Average 554,871 MRO
Yearly Trough Low 416,132 MRO
Transaction Impact: A difference of 134,718.96 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5529
0.4484
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 0.5289, compared to 0.4892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.5289
H2 Avg (Jul–Dec) 0.4892

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0711 MRO (High: 0.4872 / Low: 0.4161). On the other end, February was the most stable month, with a tight range of 0.0135 MRO (High: 0.5509 / Low: 0.5373).

December Spread (Volatile) ±0.0711
February Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0381 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.5442) against the same month in 2018 (average: 0.5955), the exchange rate shifted by -0.0514 (-8.63%).

2019 Avg (February) 0.5442
2018 Avg (February) 0.5955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5387 0.5123 0.5289
February 0.5509 0.5373 0.5442
March 0.5427 0.5230 0.5324
April 0.5402 0.5264 0.5354
May 0.5275 0.5030 0.5161
June 0.5269 0.5030 0.5165
July 0.5262 0.5074 0.5196
August 0.5078 0.4933 0.5003
September 0.5048 0.4900 0.4973
October 0.5025 0.4798 0.4952
November 0.4809 0.4161 0.4571
December 0.4872 0.4161 0.4655