YEARLY HIGH
0.0416 NIO
YEARLY LOW
0.0370 NIO
YEARLY AVERAGE
0.0390 NIO

2024 CLP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0416. Conversely, the yearly low was recorded on December 30, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0046 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0374, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0416 was down 10.61% compared to the 2023 peak of 0.0465, 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 41,592 NIO
2023 Average 43,612 NIO
Yearly Trough Low 36,961 NIO
Transaction Impact: A difference of 4,631.08 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0406
0.0371
JanuMarcMayJulySeptNove

CLP to NIO 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 0.0391, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0391
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0033 NIO (High: 0.0415 / Low: 0.0382). On the other end, December was the most stable month, with a tight range of 0.0010 NIO (High: 0.0380 / Low: 0.0370).

May Spread (Volatile) ±0.0033
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0403) against the same month in 2023 (average: 0.0443), the exchange rate shifted by -0.0040 (-9.02%).

2024 Avg (January) 0.0403
2023 Avg (January) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0416 0.0394 0.0403
February 0.0393 0.0371 0.0381
March 0.0391 0.0372 0.0380
April 0.0391 0.0373 0.0385
May 0.0415 0.0382 0.0401
June 0.0408 0.0386 0.0396
July 0.0406 0.0385 0.0394
August 0.0406 0.0385 0.0396
September 0.0409 0.0388 0.0397
October 0.0407 0.0383 0.0393
November 0.0386 0.0372 0.0378
December 0.0380 0.0370 0.0374