YEARLY HIGH
0.1152 CLP
YEARLY LOW
0.1024 CLP
YEARLY AVERAGE
0.1096 CLP

2024 GNF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1152. Conversely, the yearly low was recorded on January 1, dropping to 0.1024.

This high-to-low spread represents a total annual volatility of 0.0128 CLP. From a start-to-finish perspective, comparing the January average rate of 0.1057 to the December average rate of 0.1140, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1152 was up 4.63% compared to the 2023 peak of 0.1101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 576 CLP
2023 Average 488 CLP
Yearly Trough Low 512 CLP
Transaction Impact: A difference of 63.94 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1148
0.1049
JanuMarcMayJulySeptNove

GNF 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 0.1094, compared to 0.1098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1094
H2 Avg (Jul–Dec) 0.1098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0086 CLP (High: 0.1118 / Low: 0.1032). On the other end, December was the most stable month, with a tight range of 0.0027 CLP (High: 0.1152 / Low: 0.1124).

May Spread (Volatile) ±0.0086
December Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between September and December, 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 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1123) against the same month in 2023 (average: 0.0927), the exchange rate shifted by +0.0197 (+21.21%).

2024 Avg (February) 0.1123
2023 Avg (February) 0.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1083 0.1024 0.1057
February 0.1152 0.1085 0.1123
March 0.1152 0.1095 0.1125
April 0.1147 0.1095 0.1113
May 0.1118 0.1032 0.1067
June 0.1110 0.1048 0.1079
July 0.1110 0.1054 0.1086
August 0.1109 0.1052 0.1078
September 0.1098 0.1042 0.1072
October 0.1115 0.1042 0.1086
November 0.1145 0.1104 0.1127
December 0.1152 0.1124 0.1140