YEARLY HIGH
442.3640 CLP
YEARLY LOW
392.8345 CLP
YEARLY AVERAGE
419.6198 CLP

2024 FJD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 442.3640. Conversely, the yearly low was recorded on May 20, dropping to 392.8345.

This high-to-low spread represents a total annual volatility of 49.5294 CLP. From a start-to-finish perspective, comparing the January average rate of 406.9459 to the December average rate of 426.3284, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 442.3640 was up 6.52% compared to the 2023 peak of 415.3049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,211,820 CLP
2023 Average 1,883,788 CLP
Yearly Trough Low 1,964,173 CLP
Transaction Impact: A difference of 247,647.09 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

431.8673
404.0067
JanuMarcMayJulySeptNove

FJD 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 417.9095, compared to 421.3300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4205 points.

H1 Avg (Jan–Jun) 417.9095
H2 Avg (Jul–Dec) 421.3300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 26.5807 CLP (High: 419.4152 / Low: 392.8345). On the other end, December was the most stable month, with a tight range of 10.4863 CLP (High: 431.6531 / Low: 421.1668).

May Spread (Volatile) ±26.5807
December Spread (Stable) ±10.4863

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 April and May, when the average rate fell by 15.6578 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.6578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 429.5420) against the same month in 2023 (average: 364.0946), the exchange rate shifted by +65.4474 (+17.98%).

2024 Avg (March) 429.5420
2023 Avg (March) 364.0946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 416.5093 394.3579 406.9459
February 438.5290 418.1189 429.5456
March 442.3640 417.2136 429.5420
April 436.6520 413.5707 421.9863
May 419.4152 392.8345 406.3285
June 423.9176 398.8140 413.1088
July 423.1800 404.5771 416.5949
August 422.5668 410.9762 416.5359
September 427.2124 411.3360 419.5262
October 427.8099 411.8606 419.9394
November 435.2753 418.4543 429.0555
December 431.6531 421.1668 426.3284