YEARLY HIGH
0.0218 ZAR
YEARLY LOW
0.0171 ZAR
YEARLY AVERAGE
0.0206 ZAR

2019 CLP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0218. Conversely, the yearly low was recorded on November 30, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0048 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0188, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0218 was down 2.72% compared to the 2018 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 21,838 ZAR
2018 Average 20,603 ZAR
Yearly Trough Low 17,081 ZAR
Transaction Impact: A difference of 4,757.75 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0217
0.0185
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 0.0210, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0210
H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0032 ZAR (High: 0.0202 / Low: 0.0171). On the other end, April was the most stable month, with a tight range of 0.0005 ZAR (High: 0.0215 / Low: 0.0210).

November Spread (Volatile) ±0.0032
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0213) against the same month in 2018 (average: 0.0213), the exchange rate shifted by -0.0001 (-0.27%).

2019 Avg (August) 0.0213
2018 Avg (August) 0.0213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0209 0.0200 0.0205
February 0.0215 0.0204 0.0210
March 0.0217 0.0211 0.0215
April 0.0215 0.0210 0.0212
May 0.0214 0.0205 0.0208
June 0.0217 0.0205 0.0211
July 0.0208 0.0201 0.0205
August 0.0218 0.0207 0.0213
September 0.0211 0.0205 0.0207
October 0.0211 0.0201 0.0207
November 0.0202 0.0171 0.0190
December 0.0193 0.0171 0.0188