YEARLY HIGH
0.5214 NGN
YEARLY LOW
0.2717 NGN
YEARLY AVERAGE
0.3822 NGN

2016 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.5214. Conversely, the yearly low was recorded on January 17, dropping to 0.2717.

This high-to-low spread represents a total annual volatility of 0.2497 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2761 to the December average rate of 0.4720, the exchange rate registered a net change of 70.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5214 was up 56.39% compared to the 2015 peak of 0.3334, 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 521,419 NGN
2015 Average 303,324 NGN
Yearly Trough Low 271,738 NGN
Transaction Impact: A difference of 249,680.93 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5100
0.2548
JanuMarcMayJulySeptNove

CLP to NGN 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 0.2951, compared to 0.4694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1742 points.

H1 Avg (Jan–Jun) 0.2951
H2 Avg (Jul–Dec) 0.4694

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1362 NGN (High: 0.4244 / Low: 0.2882). On the other end, March was the most stable month, with a tight range of 0.0093 NGN (High: 0.2967 / Low: 0.2873).

June Spread (Volatile) ±0.1362
March Spread (Stable) ±0.0093

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 0.0208 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.4888) against the same month in 2015 (average: 0.2894), the exchange rate shifted by +0.1994 (+68.88%).

2016 Avg (August) 0.4888
2015 Avg (August) 0.2894

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2812 0.2717 0.2761
February 0.2882 0.2788 0.2831
March 0.2967 0.2873 0.2927
April 0.3014 0.2915 0.2972
May 0.3014 0.2866 0.2920
June 0.4244 0.2882 0.3297
July 0.4872 0.4250 0.4451
August 0.5214 0.4616 0.4888
September 0.4749 0.4584 0.4680
October 0.4845 0.4618 0.4719
November 0.4830 0.4605 0.4703
December 0.4857 0.4565 0.4720