YEARLY HIGH
1079.1576 CLP
YEARLY LOW
962.6440 CLP
YEARLY AVERAGE
1021.3056 CLP

2024 EUR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1079.1576. Conversely, the yearly low was recorded on January 3, dropping to 962.6440.

This high-to-low spread represents a total annual volatility of 116.5136 CLP. From a start-to-finish perspective, comparing the January average rate of 991.5764 to the December average rate of 1030.0345, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1079.1576 was up 7.88% compared to the 2023 peak of 1000.3156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,395,788 CLP
2023 Average 4,546,447 CLP
Yearly Trough Low 4,813,220 CLP
Transaction Impact: A difference of 582,567.80 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1057.3824
985.2318
JanuMarcMayJulySeptNove

EUR 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 1016.9749, compared to 1025.6363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6615 points.

H1 Avg (Jan–Jun) 1016.9749
H2 Avg (Jul–Dec) 1025.6363

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 65.8415 CLP (High: 1029.7918 / Low: 963.9503). On the other end, December was the most stable month, with a tight range of 13.0403 CLP (High: 1035.6147 / Low: 1022.5744).

May Spread (Volatile) ±65.8415
December Spread (Stable) ±13.0403

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 34.1221 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -34.1221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1051.3699) against the same month in 2023 (average: 865.2839), the exchange rate shifted by +186.0860 (+21.51%).

2024 Avg (March) 1051.3699
2023 Avg (March) 865.2839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1008.6741 962.6440 991.5764
February 1074.2796 1016.2968 1042.9226
March 1079.1576 1024.9685 1051.3699
April 1058.0631 1010.8015 1025.3665
May 1029.7918 963.9503 991.2443
June 1022.1797 982.6355 999.3694
July 1035.1770 989.1925 1014.6858
August 1042.9337 1007.2907 1024.3117
September 1048.9409 1003.2997 1029.1300
October 1046.5440 1000.4813 1022.1615
November 1045.9993 1018.0524 1033.4945
December 1035.6147 1022.5744 1030.0345