2024 CLP to MXN Historical Review

YEARLY HIGH

0.0219 MXN

YEARLY LOW

0.0169 MXN

YEARLY AVERAGE

0.0194 MXN

2024 CLP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0219. Conversely, the yearly low was recorded on April 1, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0051 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0206, the exchange rate registered a net change of 9.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0219 was down 8.34% compared to the 2023 peak of 0.0239, 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 21,919 MXN

2023 Average 21,167 MXN

Yearly Trough Low 16,869 MXN

Transaction Impact: A difference of 5,050.07 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0215

0.0170

JanuMarcMayJulySeptNove

CLP to MXN 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 0.0182, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0182

H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0020 MXN (High: 0.0218 / Low: 0.0198). On the other end, November was the most stable month, with a tight range of 0.0005 MXN (High: 0.0212 / Low: 0.0207).

August Spread (Volatile) ±0.0020

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0212) against the same month in 2023 (average: 0.0195), the exchange rate shifted by +0.0016 (+8.38%).

2024 Avg (September) 0.0212

2023 Avg (September) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0193	0.0184	0.0188
February	0.0183	0.0173	0.0177
March	0.0178	0.0169	0.0173
April	0.0181	0.0169	0.0176
May	0.0187	0.0177	0.0183
June	0.0204	0.0185	0.0196
July	0.0198	0.0190	0.0194
August	0.0218	0.0198	0.0206
September	0.0219	0.0206	0.0212
October	0.0217	0.0207	0.0210
November	0.0212	0.0207	0.0209
December	0.0210	0.0203	0.0206