YEARLY HIGH
1260.9787 CLP
YEARLY LOW
1116.6169 CLP
YEARLY AVERAGE
1206.2878 CLP

2024 FKP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 1260.9787. Conversely, the yearly low was recorded on January 3, dropping to 1116.6169.

This high-to-low spread represents a total annual volatility of 144.3618 CLP. From a start-to-finish perspective, comparing the January average rate of 1155.0307 to the December average rate of 1242.7085, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1260.9787 was up 9.05% compared to the 2023 peak of 1156.3760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,304,893 CLP
2023 Average 5,226,071 CLP
Yearly Trough Low 5,583,084 CLP
Transaction Impact: A difference of 721,808.91 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1251.4762
1146.2630
JanuMarcMayJulySeptNove

FKP 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 1189.8369, compared to 1222.7387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.9018 points.

H1 Avg (Jan–Jun) 1189.8369
H2 Avg (Jul–Dec) 1222.7387

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 76.3271 CLP (High: 1204.4182 / Low: 1128.0911). On the other end, December was the most stable month, with a tight range of 16.4808 CLP (High: 1249.6811 / Low: 1233.2003).

May Spread (Volatile) ±76.3271
December Spread (Stable) ±16.4808

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 38.0924 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -38.0924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1228.9659) against the same month in 2023 (average: 980.2896), the exchange rate shifted by +248.6763 (+25.37%).

2024 Avg (March) 1228.9659
2023 Avg (March) 980.2896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1182.7226 1116.6169 1155.0307
February 1255.8365 1191.2406 1220.3699
March 1260.9787 1199.0226 1228.9659
April 1236.3875 1176.1710 1196.3933
May 1204.4182 1128.0911 1158.3009
June 1207.1303 1154.0498 1179.9609
July 1230.4355 1173.6903 1203.0643
August 1218.5677 1187.6658 1202.8366
September 1243.0216 1200.0762 1224.5197
October 1245.9422 1200.2835 1223.6521
November 1254.8773 1223.8066 1239.6509
December 1249.6811 1233.2003 1242.7085