YEARLY HIGH
0.0018 NZD
YEARLY LOW
0.0016 NZD
YEARLY AVERAGE
0.0018 NZD

2024 CLP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0018. Conversely, the yearly low was recorded on February 26, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0002 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0018, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0018 was down 11.69% compared to the 2023 peak of 0.0021, 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 1,846 NZD
2023 Average 1,942 NZD
Yearly Trough Low 1,638 NZD
Transaction Impact: A difference of 208.60 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0018
0.0017
JanuMarcMayJulySeptNove

CLP to NZD 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 0.0017, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0001 NZD (High: 0.0017 / Low: 0.0016). On the other end, August was the most stable month, with a tight range of 0.0000 NZD (High: 0.0018 / Low: 0.0018).

February Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0018) against the same month in 2023 (average: 0.0020), the exchange rate shifted by -0.0002 (-10.99%).

2024 Avg (May) 0.0018
2023 Avg (May) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0017 0.0018
February 0.0017 0.0016 0.0017
March 0.0017 0.0016 0.0017
April 0.0018 0.0017 0.0018
May 0.0018 0.0018 0.0018
June 0.0018 0.0017 0.0018
July 0.0018 0.0017 0.0018
August 0.0018 0.0018 0.0018
September 0.0018 0.0017 0.0017
October 0.0018 0.0017 0.0018
November 0.0018 0.0017 0.0017
December 0.0018 0.0017 0.0018