YEARLY HIGH
0.5361 NGN
YEARLY LOW
0.3953 NGN
YEARLY AVERAGE
0.4864 NGN

2022 CLP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CLP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.5361. Conversely, the yearly low was recorded on July 17, dropping to 0.3953.

This high-to-low spread represents a total annual volatility of 0.1408 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5045 to the December average rate of 0.5106, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5361 was down 9.16% compared to the 2021 peak of 0.5902, 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 536,102 NGN
2021 Average 531,910 NGN
Yearly Trough Low 395,333 NGN
Transaction Impact: A difference of 140,768.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5298
0.4284
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 0.5035, compared to 0.4693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 0.5035
H2 Avg (Jul–Dec) 0.4693

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0669 NGN (High: 0.4622 / Low: 0.3953). On the other end, October was the most stable month, with a tight range of 0.0234 NGN (High: 0.4682 / Low: 0.4448).

July Spread (Volatile) ±0.0669
October Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0448 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.5214) against the same month in 2021 (average: 0.5346), the exchange rate shifted by -0.0132 (-2.48%).

2022 Avg (March) 0.5214
2021 Avg (March) 0.5346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5194 0.4829 0.5045
February 0.5261 0.5020 0.5147
March 0.5361 0.5108 0.5214
April 0.5336 0.4837 0.5088
May 0.5040 0.4786 0.4901
June 0.5122 0.4477 0.4816
July 0.4622 0.3953 0.4368
August 0.4830 0.4450 0.4660
September 0.4879 0.4383 0.4643
October 0.4682 0.4448 0.4567
November 0.4974 0.4643 0.4815
December 0.5282 0.4973 0.5106