YEARLY HIGH
0.5977 CLP
YEARLY LOW
0.4742 CLP
YEARLY AVERAGE
0.5206 CLP

2021 IQD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5977. Conversely, the yearly low was recorded on May 10, dropping to 0.4742.

This high-to-low spread represents a total annual volatility of 0.1235 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4949 to the December average rate of 0.5819, the exchange rate registered a net change of 17.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5977 was down 17.90% compared to the 2020 peak of 0.7280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,988 CLP
2020 Average 3,312 CLP
Yearly Trough Low 2,371 CLP
Transaction Impact: A difference of 617.33 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5916
0.4760
JanuMarcMayJulySeptNove

IQD 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 0.4932, compared to 0.5479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0548 points.

H1 Avg (Jan–Jun) 0.4932
H2 Avg (Jul–Dec) 0.5479

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0349 CLP (High: 0.5782 / Low: 0.5433). On the other end, October was the most stable month, with a tight range of 0.0154 CLP (High: 0.5658 / Low: 0.5503).

November Spread (Volatile) ±0.0349
October Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0113 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5819) against the same month in 2020 (average: 0.5843), the exchange rate shifted by -0.0024 (-0.41%).

2021 Avg (December) 0.5819
2020 Avg (December) 0.5843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5057 0.4761 0.4949
February 0.5058 0.4799 0.4945
March 0.5043 0.4877 0.4969
April 0.4950 0.4770 0.4856
May 0.5027 0.4742 0.4876
June 0.5129 0.4908 0.4994
July 0.5262 0.5043 0.5158
August 0.5414 0.5186 0.5352
September 0.5558 0.5259 0.5381
October 0.5658 0.5503 0.5582
November 0.5782 0.5433 0.5585
December 0.5977 0.5737 0.5819