YEARLY HIGH
0.0380 TRY
YEARLY LOW
0.0314 TRY
YEARLY AVERAGE
0.0348 TRY

2024 CLP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0380. Conversely, the yearly low was recorded on February 24, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0066 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0356, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0380 was up 12.59% compared to the 2023 peak of 0.0337, 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 37,994 TRY
2023 Average 28,232 TRY
Yearly Trough Low 31,441 TRY
Transaction Impact: A difference of 6,552.77 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0373
0.0314
JanuMarcMayJulySeptNove

CLP to TRY 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 0.0337, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0337
H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0027 TRY (High: 0.0376 / Low: 0.0349). On the other end, December was the most stable month, with a tight range of 0.0006 TRY (High: 0.0359 / Low: 0.0353).

August Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0368) against the same month in 2023 (average: 0.0305), the exchange rate shifted by +0.0063 (+20.65%).

2024 Avg (September) 0.0368
2023 Avg (September) 0.0305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0338 0.0326 0.0331
February 0.0326 0.0314 0.0319
March 0.0343 0.0321 0.0332
April 0.0344 0.0327 0.0338
May 0.0363 0.0338 0.0352
June 0.0359 0.0345 0.0351
July 0.0365 0.0343 0.0352
August 0.0376 0.0349 0.0363
September 0.0380 0.0358 0.0368
October 0.0378 0.0357 0.0365
November 0.0361 0.0349 0.0354
December 0.0359 0.0353 0.0356