YEARLY HIGH
137.5730 CLP
YEARLY LOW
122.7156 CLP
YEARLY AVERAGE
131.5203 CLP

2024 CNY to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 137.5730. Conversely, the yearly low was recorded on May 20, dropping to 122.7156.

This high-to-low spread represents a total annual volatility of 14.8573 CLP. From a start-to-finish perspective, comparing the January average rate of 127.8220 to the December average rate of 135.0853, the exchange rate registered a net change of 5.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 137.5730 was up 5.11% compared to the 2023 peak of 130.8791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 3,439,325 CLP
2023 Average 2,969,033 CLP
Yearly Trough Low 3,067,891 CLP
Transaction Impact: A difference of 371,433.44 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

135.8117
127.0957
JanuMarcMayJulySeptNove

CNY to CLP 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 131.0172, compared to 132.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0062 points.

H1 Avg (Jan–Jun) 131.0172
H2 Avg (Jul–Dec) 132.0234

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 10.6568 CLP (High: 133.3725 / Low: 122.7156). On the other end, November was the most stable month, with a tight range of 2.5256 CLP (High: 136.2253 / Low: 133.6997).

May Spread (Volatile) ±10.6568
November Spread (Stable) ±2.5256

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.3881 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.3881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 134.3839) against the same month in 2023 (average: 117.1628), the exchange rate shifted by +17.2211 (+14.70%).

2024 Avg (March) 134.3839
2023 Avg (March) 117.1628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 131.0473 123.8995 127.8220
February 137.5663 131.6124 134.9770
March 137.5730 130.9284 134.3839
April 136.2911 130.0364 132.3106
May 133.3725 122.7156 127.9225
June 131.3434 124.3943 128.6873
July 131.8047 124.9435 128.8247
August 133.7388 127.3823 130.0316
September 133.4241 128.2357 130.9353
October 135.1272 128.5989 132.3120
November 136.2253 133.6997 134.9514
December 136.4762 133.5658 135.0853