YEARLY HIGH
0.5525 NGN
YEARLY LOW
0.4234 NGN
YEARLY AVERAGE
0.4809 NGN

2020 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5525. Conversely, the yearly low was recorded on March 18, dropping to 0.4234.

This high-to-low spread represents a total annual volatility of 0.1291 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4683 to the December average rate of 0.5258, the exchange rate registered a net change of 12.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5525 was down 0.92% compared to the 2019 peak of 0.5576, 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 552,500 NGN
2019 Average 513,141 NGN
Yearly Trough Low 423,384 NGN
Transaction Impact: A difference of 129,115.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5342
0.4328
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 0.4630, compared to 0.4988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.4630
H2 Avg (Jul–Dec) 0.4988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0514 NGN (High: 0.5525 / Low: 0.5011). On the other end, November was the most stable month, with a tight range of 0.0174 NGN (High: 0.5095 / Low: 0.4920).

December Spread (Volatile) ±0.0514
November Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between March and July, 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 0.0149 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5258) against the same month in 2019 (average: 0.4728), the exchange rate shifted by +0.0530 (+11.21%).

2020 Avg (December) 0.5258
2019 Avg (December) 0.4728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4944 0.4523 0.4683
February 0.4686 0.4469 0.4561
March 0.4657 0.4234 0.4413
April 0.4670 0.4239 0.4512
May 0.4851 0.4626 0.4747
June 0.5059 0.4706 0.4862
July 0.5130 0.4797 0.4947
August 0.5130 0.4717 0.4906
September 0.5059 0.4828 0.4960
October 0.4935 0.4745 0.4852
November 0.5095 0.4920 0.5009
December 0.5525 0.5011 0.5258