YEARLY HIGH
0.0134 NOK
YEARLY LOW
0.0119 NOK
YEARLY AVERAGE
0.0127 NOK

2018 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0134. Conversely, the yearly low was recorded on September 17, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0015 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0126, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0134 was down 1.23% compared to the 2017 peak of 0.0136, 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 13,392 NOK
2017 Average 12,745 NOK
Yearly Trough Low 11,921 NOK
Transaction Impact: A difference of 1,470.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0132
0.0121
JanuMarcMayJulySeptNove

CLP to NOK 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 0.0130, compared to 0.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0007 NOK (High: 0.0134 / Low: 0.0127). On the other end, December was the most stable month, with a tight range of 0.0003 NOK (High: 0.0127 / Low: 0.0125).

January Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0131) against the same month in 2017 (average: 0.0128), the exchange rate shifted by +0.0002 (+1.84%).

2018 Avg (January) 0.0131
2017 Avg (January) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0134 0.0127 0.0131
February 0.0133 0.0128 0.0131
March 0.0131 0.0127 0.0129
April 0.0133 0.0129 0.0131
May 0.0132 0.0126 0.0129
June 0.0130 0.0125 0.0128
July 0.0128 0.0122 0.0125
August 0.0129 0.0123 0.0127
September 0.0124 0.0119 0.0122
October 0.0124 0.0120 0.0122
November 0.0128 0.0121 0.0125
December 0.0127 0.0125 0.0126