YEARLY HIGH
0.5576 NGN
YEARLY LOW
0.4220 NGN
YEARLY AVERAGE
0.5133 NGN

2019 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.5576. Conversely, the yearly low was recorded on November 30, dropping to 0.4220.

This high-to-low spread represents a total annual volatility of 0.1356 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5383 to the December average rate of 0.4728, the exchange rate registered a net change of -12.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5576 was down 9.03% compared to the 2018 peak of 0.6130, 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 557,633 NGN
2018 Average 564,082 NGN
Yearly Trough Low 421,995 NGN
Transaction Impact: A difference of 135,637.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5597
0.4551
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 0.5317, compared to 0.4950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.5317
H2 Avg (Jul–Dec) 0.4950

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0935 NGN (High: 0.5314 / Low: 0.4379). On the other end, February was the most stable month, with a tight range of 0.0136 NGN (High: 0.5576 / Low: 0.5440).

June Spread (Volatile) ±0.0935
February Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0380 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.5510) against the same month in 2018 (average: 0.6041), the exchange rate shifted by -0.0531 (-8.79%).

2019 Avg (February) 0.5510
2018 Avg (February) 0.6041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5477 0.5231 0.5383
February 0.5576 0.5440 0.5510
March 0.5482 0.5285 0.5371
April 0.5467 0.5304 0.5401
May 0.5319 0.5073 0.5208
June 0.5314 0.4379 0.5030
July 0.5323 0.5133 0.5247
August 0.5166 0.4241 0.5031
September 0.5114 0.4969 0.5036
October 0.5087 0.4872 0.5018
November 0.4877 0.4220 0.4638
December 0.4953 0.4222 0.4728