YEARLY HIGH
0.0132 NOK
YEARLY LOW
0.0107 NOK
YEARLY AVERAGE
0.0125 NOK

2019 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0132. Conversely, the yearly low was recorded on December 1, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0025 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0118, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0132 was down 1.22% compared to the 2018 peak of 0.0134, 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 13,229 NOK
2018 Average 12,694 NOK
Yearly Trough Low 10,734 NOK
Transaction Impact: A difference of 2,494.55 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0132
0.0116
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 0.0128, compared to 0.0123 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) 0.0128
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0016 NOK (High: 0.0124 / Low: 0.0107). On the other end, July was the most stable month, with a tight range of 0.0002 NOK (High: 0.0126 / Low: 0.0125).

November Spread (Volatile) ±0.0016
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0131) against the same month in 2018 (average: 0.0131), the exchange rate shifted by -0.0000 (-0.35%).

2019 Avg (February) 0.0131
2018 Avg (February) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0128 0.0125 0.0127
February 0.0132 0.0129 0.0131
March 0.0132 0.0125 0.0128
April 0.0129 0.0127 0.0128
May 0.0129 0.0123 0.0126
June 0.0126 0.0123 0.0125
July 0.0126 0.0125 0.0125
August 0.0128 0.0124 0.0126
September 0.0127 0.0124 0.0126
October 0.0129 0.0124 0.0127
November 0.0124 0.0107 0.0117
December 0.0120 0.0107 0.0118