YEARLY HIGH
0.0233 ZAR
YEARLY LOW
0.0203 ZAR
YEARLY AVERAGE
0.0217 ZAR

2016 CLP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0233. Conversely, the yearly low was recorded on August 22, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0030 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0208, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0233 was up 3.93% compared to the 2015 peak of 0.0224, 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 23,319 ZAR
2015 Average 19,505 ZAR
Yearly Trough Low 20,322 ZAR
Transaction Impact: A difference of 2,996.50 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0228
0.0206
JanuMarcMayJulySeptNove

CLP to ZAR 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 0.0223, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0223
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0014 ZAR (High: 0.0229 / Low: 0.0215). On the other end, October was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0213 / Low: 0.0206).

May Spread (Volatile) ±0.0014
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0225) against the same month in 2015 (average: 0.0186), the exchange rate shifted by +0.0039 (+20.75%).

2016 Avg (February) 0.0225
2015 Avg (February) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0231 0.0217 0.0226
February 0.0233 0.0219 0.0225
March 0.0231 0.0220 0.0226
April 0.0224 0.0215 0.0218
May 0.0229 0.0215 0.0224
June 0.0226 0.0214 0.0222
July 0.0223 0.0211 0.0219
August 0.0217 0.0203 0.0209
September 0.0216 0.0204 0.0211
October 0.0213 0.0206 0.0210
November 0.0216 0.0204 0.0209
December 0.0212 0.0204 0.0208