YEARLY HIGH
0.5849 NGN
YEARLY LOW
0.4533 NGN
YEARLY AVERAGE
0.5153 NGN

2017 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5849. Conversely, the yearly low was recorded on January 9, dropping to 0.4533.

This high-to-low spread represents a total annual volatility of 0.1317 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4745 to the December average rate of 0.5668, the exchange rate registered a net change of 19.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5849 was up 12.18% compared to the 2016 peak of 0.5214, 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 584,942 NGN
2016 Average 382,692 NGN
Yearly Trough Low 453,252 NGN
Transaction Impact: A difference of 131,689.54 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5832
0.4619
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 0.4783, compared to 0.5522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0738 points.

H1 Avg (Jan–Jun) 0.4783
H2 Avg (Jul–Dec) 0.5522

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0901 NGN (High: 0.5735 / Low: 0.4834). On the other end, October was the most stable month, with a tight range of 0.0205 NGN (High: 0.5812 / Low: 0.5607).

August Spread (Volatile) ±0.0901
October Spread (Stable) ±0.0205

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 0.0158 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5668) against the same month in 2016 (average: 0.4720), the exchange rate shifted by +0.0947 (+20.07%).

2017 Avg (December) 0.5668
2016 Avg (December) 0.4720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4868 0.4533 0.4745
February 0.4965 0.4733 0.4902
March 0.4849 0.4621 0.4744
April 0.4884 0.4675 0.4803
May 0.4850 0.4643 0.4720
June 0.5283 0.4669 0.4787
July 0.5354 0.4633 0.4811
August 0.5735 0.4834 0.5549
September 0.5829 0.5599 0.5731
October 0.5812 0.5607 0.5698
November 0.5747 0.5537 0.5674
December 0.5849 0.5474 0.5668