2016 GMD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GMD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GMD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 18.5332. Conversely, the yearly low was recorded on August 15, dropping to 15.0844.
This high-to-low spread represents a total annual volatility of 3.4489 CLP. From a start-to-finish perspective, comparing the January average rate of 18.2549 to the December average rate of 15.5833, the exchange rate registered a net change of -14.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 18.5332 was up 2.41% compared to the 2015 peak of 18.0963, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GMD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.7353, compared to 15.5534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 2.0070 CLP (High: 17.6944 / Low: 15.6874). On the other end, July was the most stable month, with a tight range of 0.3627 CLP (High: 15.5925 / Low: 15.2298).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 1.0553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 18.2549) against the same month in 2015 (average: 14.4699), the exchange rate shifted by +3.7849 (+26.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.5332 | 17.9271 | 18.2549 |
| February | 18.0977 | 17.4866 | 17.8061 |
| March | 17.6944 | 15.6874 | 16.7556 |
| April | 16.0284 | 15.4629 | 15.7002 |
| May | 16.2765 | 15.4578 | 15.9504 |
| June | 16.1877 | 15.5767 | 15.9445 |
| July | 15.5925 | 15.2298 | 15.4003 |
| August | 15.8667 | 15.0844 | 15.4665 |
| September | 15.9516 | 15.4638 | 15.6975 |
| October | 15.7408 | 15.2444 | 15.5449 |
| November | 16.0254 | 15.1999 | 15.6277 |
| December | 15.8585 | 15.2083 | 15.5833 |