2024 EGP to CLP Historical Review

YEARLY HIGH

31.9988 CLP

YEARLY LOW

18.6107 CLP

YEARLY AVERAGE

21.4609 CLP

2024 EGP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 31.9988. Conversely, the yearly low was recorded on August 26, dropping to 18.6107.

This high-to-low spread represents a total annual volatility of 13.3881 CLP. From a start-to-finish perspective, comparing the January average rate of 29.4238 to the December average rate of 19.4526, the exchange rate registered a net change of -33.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.9988 was down 8.03% compared to the 2023 peak of 34.7916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,994 CLP

2023 Average 137,179 CLP

Yearly Trough Low 93,054 CLP

Transaction Impact: A difference of 66,940.54 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.4833

17.7767

JanuMarcMayJulySeptNove

EGP 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 23.5913, compared to 19.3306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2606 points.

H1 Avg (Jan–Jun) 23.5913

H2 Avg (Jul–Dec) 19.3306

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 12.2225 CLP (High: 31.6787 / Low: 19.4562). On the other end, December was the most stable month, with a tight range of 0.4950 CLP (High: 19.7188 / Low: 19.2239).

March Spread (Volatile) ±12.2225

December Spread (Stable) ±0.4950

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 9.2499 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.2499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 31.2577) against the same month in 2023 (average: 26.2844), the exchange rate shifted by +4.9733 (+18.92%).

2024 Avg (February) 31.2577

2023 Avg (February) 26.2844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.1050	28.4606	29.4238
February	31.9988	30.2452	31.2577
March	31.6787	19.4562	22.0078
April	20.6996	19.7171	20.0053
May	20.1541	18.8299	19.3878
June	19.8736	19.1051	19.4651
July	19.8003	18.8827	19.4047
August	19.5689	18.6107	19.0022
September	19.6391	18.6126	19.1204
October	19.7276	18.7491	19.3078
November	20.0215	19.3719	19.6960
December	19.7188	19.2239	19.4526