YEARLY HIGH
16.8528 CLP
YEARLY LOW
14.8804 CLP
YEARLY AVERAGE
15.8837 CLP

2024 DOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 16.8528. Conversely, the yearly low was recorded on September 28, dropping to 14.8804.

This high-to-low spread represents a total annual volatility of 1.9724 CLP. From a start-to-finish perspective, comparing the January average rate of 15.5100 to the December average rate of 16.2063, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.8528 was up 1.11% compared to the 2023 peak of 16.6682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DOP based on timing:

Yearly Peak High 84,264 CLP
2023 Average 75,014 CLP
Yearly Trough Low 74,402 CLP
Transaction Impact: A difference of 9,862.02 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.5619
15.3351
JanuMarcMayJulySeptNove

DOP 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 15.9837, compared to 15.7838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2000 points.

H1 Avg (Jan–Jun) 15.9837
H2 Avg (Jul–Dec) 15.7838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.3733 CLP (High: 16.5084 / Low: 15.1351). On the other end, December was the most stable month, with a tight range of 0.3474 CLP (High: 16.3518 / Low: 16.0044).

May Spread (Volatile) ±1.3733
December Spread (Stable) ±0.3474

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.5065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 16.3904) against the same month in 2023 (average: 14.6972), the exchange rate shifted by +1.6932 (+11.52%).

2024 Avg (March) 16.3904
2023 Avg (March) 14.6972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.8183 15.1859 15.5100
February 16.8420 15.8942 16.4597
March 16.8528 15.9151 16.3904
April 16.6333 15.8788 16.1872
May 16.5084 15.1351 15.6807
June 16.1433 15.2213 15.6744
July 16.1599 15.3481 15.8046
August 16.1424 15.1941 15.5913
September 15.8510 14.8804 15.4374
October 15.9588 14.9644 15.5485
November 16.3758 15.7483 16.1145
December 16.3518 16.0044 16.2063