YEARLY HIGH
0.0409 THB
YEARLY LOW
0.0343 THB
YEARLY AVERAGE
0.0374 THB

2024 CLP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0409. Conversely, the yearly low was recorded on December 28, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0066 THB. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0347, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0409 was down 8.00% compared to the 2023 peak of 0.0445, 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 40,938 THB
2023 Average 41,445 THB
Yearly Trough Low 34,306 THB
Transaction Impact: A difference of 6,631.65 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0405
0.0342
JanuMarcMayJulySeptNove

CLP to THB 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 0.0385, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0385
H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 THB (High: 0.0409 / Low: 0.0385). On the other end, November was the most stable month, with a tight range of 0.0009 THB (High: 0.0359 / Low: 0.0349).

May Spread (Volatile) ±0.0024
November Spread (Stable) ±0.0009

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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0399) against the same month in 2023 (average: 0.0428), the exchange rate shifted by -0.0029 (-6.76%).

2024 Avg (May) 0.0399
2023 Avg (May) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0393 0.0380 0.0387
February 0.0378 0.0363 0.0371
March 0.0380 0.0360 0.0372
April 0.0393 0.0371 0.0384
May 0.0409 0.0385 0.0399
June 0.0406 0.0386 0.0395
July 0.0399 0.0376 0.0388
August 0.0378 0.0368 0.0374
September 0.0373 0.0353 0.0359
October 0.0362 0.0347 0.0356
November 0.0359 0.0349 0.0354
December 0.0353 0.0343 0.0347