2024 GMD to CLP Historical Review

YEARLY HIGH

14.5978 CLP

YEARLY LOW

12.8041 CLP

YEARLY AVERAGE

13.7221 CLP

2024 GMD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 14.5978. Conversely, the yearly low was recorded on August 28, dropping to 12.8041.

This high-to-low spread represents a total annual volatility of 1.7938 CLP. From a start-to-finish perspective, comparing the January average rate of 13.5066 to the December average rate of 13.6974, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.5978 was down 1.37% compared to the 2023 peak of 14.8000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,989 CLP

2023 Average 67,460 CLP

Yearly Trough Low 64,020 CLP

Transaction Impact: A difference of 8,968.75 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.3900

13.2091

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 13.8922, compared to 13.5520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3402 points.

H1 Avg (Jan–Jun) 13.8922

H2 Avg (Jul–Dec) 13.5520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0808 CLP (High: 14.1818 / Low: 13.1010). On the other end, December was the most stable month, with a tight range of 0.3367 CLP (High: 13.8210 / Low: 13.4844).

May Spread (Volatile) ±1.0808

December Spread (Stable) ±0.3367

Growth Streaks & Declines

Trends

Between August and December, 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 0.5591 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 14.2916) against the same month in 2023 (average: 13.1097), the exchange rate shifted by +1.1819 (+9.02%).

2024 Avg (February) 14.2916

2023 Avg (February) 13.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8020	13.1063	13.5066
February	14.5978	13.8662	14.2916
March	14.5656	13.8553	14.2372
April	14.5244	13.8506	14.0862
May	14.1818	13.1010	13.5271
June	14.0853	13.2974	13.7046
July	14.1174	13.3711	13.7823
August	13.7475	12.8041	13.3075
September	13.6724	12.8700	13.3163
October	13.8456	12.9870	13.5404
November	13.8969	13.3200	13.6681
December	13.8210	13.4844	13.6974