2018 CLP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CLP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CLP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 378.1609. Conversely, the yearly low was recorded on January 1, dropping to 0.0163.
This high-to-low spread represents a total annual volatility of 378.1446 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 363.0236, the exchange rate registered a net change of 2175058.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 378.1609 was up 2171363.68% compared to the 2017 peak of 0.0174, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CLP to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.7054, compared to 312.7730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 244.0676 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 211.3493 VEF (High: 376.9292 / Low: 165.5799). On the other end, January was the most stable month, with a tight range of 0.0011 VEF (High: 0.0174 / Low: 0.0163).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.7445 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 365.7325) against the same month in 2017 (average: 0.0160), the exchange rate shifted by +365.7165 (+2281321.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0174 | 0.0163 | 0.0167 |
| February | 48.9835 | 0.0165 | 27.5179 |
| March | 66.6361 | 48.3049 | 60.1905 |
| April | 110.8973 | 66.4490 | 83.2254 |
| May | 128.2343 | 109.4706 | 115.7760 |
| June | 127.1584 | 122.1899 | 125.5060 |
| July | 166.9532 | 121.6193 | 139.6253 |
| August | 376.9292 | 165.5799 | 275.3416 |
| September | 377.7314 | 356.5526 | 366.1466 |
| October | 378.1609 | 356.9917 | 365.7325 |
| November | 372.8609 | 359.3274 | 366.7681 |
| December | 371.3275 | 356.4058 | 363.0236 |