YEARLY HIGH
0.6130 NGN
YEARLY LOW
0.5197 NGN
YEARLY AVERAGE
0.5643 NGN

2018 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.6130. Conversely, the yearly low was recorded on September 4, dropping to 0.5197.

This high-to-low spread represents a total annual volatility of 0.0933 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5948 to the December average rate of 0.5318, the exchange rate registered a net change of -10.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6130 was up 4.79% compared to the 2017 peak of 0.5849, 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 612,972 NGN
2017 Average 515,355 NGN
Yearly Trough Low 519,688 NGN
Transaction Impact: A difference of 93,284.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6113
0.5246
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 0.5891, compared to 0.5396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 0.5891
H2 Avg (Jul–Dec) 0.5396

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0322 NGN (High: 0.5518 / Low: 0.5197). On the other end, March was the most stable month, with a tight range of 0.0142 NGN (High: 0.6043 / Low: 0.5902).

September Spread (Volatile) ±0.0322
March Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6041) against the same month in 2017 (average: 0.4902), the exchange rate shifted by +0.1138 (+23.22%).

2018 Avg (February) 0.6041
2017 Avg (February) 0.4902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6009 0.5844 0.5948
February 0.6130 0.5961 0.6041
March 0.6043 0.5902 0.5961
April 0.6056 0.5873 0.5987
May 0.5875 0.5636 0.5748
June 0.5743 0.5505 0.5659
July 0.5656 0.5429 0.5529
August 0.5616 0.5314 0.5482
September 0.5518 0.5197 0.5336
October 0.5537 0.5224 0.5348
November 0.5461 0.5249 0.5365
December 0.5433 0.5228 0.5318