YEARLY HIGH
0.1519 NPR
YEARLY LOW
0.1336 NPR
YEARLY AVERAGE
0.1419 NPR

2024 CLP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1519. Conversely, the yearly low was recorded on March 6, dropping to 0.1336.

This high-to-low spread represents a total annual volatility of 0.0183 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1463 to the December average rate of 0.1382, the exchange rate registered a net change of -5.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1519 was down 9.71% compared to the 2023 peak of 0.1683, 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 151,919 NPR
2023 Average 157,548 NPR
Yearly Trough Low 133,633 NPR
Transaction Impact: A difference of 18,285.25 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1472
0.1364
JanuMarcMayJulySeptNove

CLP to NPR 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 0.1417, compared to 0.1421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1417
H2 Avg (Jul–Dec) 0.1421

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0106 NPR (High: 0.1503 / Low: 0.1397). On the other end, December was the most stable month, with a tight range of 0.0031 NPR (High: 0.1398 / Low: 0.1367).

May Spread (Volatile) ±0.0106
December Spread (Stable) ±0.0031

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 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1463) against the same month in 2023 (average: 0.1591), the exchange rate shifted by -0.0128 (-8.02%).

2024 Avg (January) 0.1463
2023 Avg (January) 0.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1519 0.1426 0.1463
February 0.1419 0.1339 0.1375
March 0.1409 0.1336 0.1373
April 0.1419 0.1353 0.1395
May 0.1503 0.1397 0.1455
June 0.1476 0.1400 0.1438
July 0.1473 0.1401 0.1431
August 0.1480 0.1398 0.1444
September 0.1489 0.1415 0.1448
October 0.1482 0.1397 0.1434
November 0.1414 0.1368 0.1388
December 0.1398 0.1367 0.1382