YEARLY HIGH
0.0138 NOK
YEARLY LOW
0.0110 NOK
YEARLY AVERAGE
0.0119 NOK

2020 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0138. Conversely, the yearly low was recorded on August 17, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0028 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0119, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0138 was up 4.31% compared to the 2019 peak of 0.0132, 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 13,799 NOK
2019 Average 12,526 NOK
Yearly Trough Low 10,952 NOK
Transaction Impact: A difference of 2,847.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0124
0.0113
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 0.0120, compared to 0.0118 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) 0.0120
H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0026 NOK (High: 0.0138 / Low: 0.0112). On the other end, July was the most stable month, with a tight range of 0.0003 NOK (High: 0.0120 / Low: 0.0117).

March Spread (Volatile) ±0.0026
July Spread (Stable) ±0.0003

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 July and August, 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 (March 2020: 0.0122) against the same month in 2019 (average: 0.0128), the exchange rate shifted by -0.0006 (-4.71%).

2020 Avg (March) 0.0122
2019 Avg (March) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0118 0.0114 0.0116
February 0.0119 0.0115 0.0116
March 0.0138 0.0112 0.0122
April 0.0126 0.0119 0.0122
May 0.0125 0.0120 0.0123
June 0.0123 0.0116 0.0120
July 0.0120 0.0117 0.0119
August 0.0121 0.0110 0.0114
September 0.0121 0.0113 0.0118
October 0.0123 0.0115 0.0118
November 0.0125 0.0115 0.0119
December 0.0121 0.0116 0.0119