YEARLY HIGH
34.8930 CLP
YEARLY LOW
29.3581 CLP
YEARLY AVERAGE
32.0198 CLP

2020 HNL to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 34.8930. Conversely, the yearly low was recorded on December 31, dropping to 29.3581.

This high-to-low spread represents a total annual volatility of 5.5349 CLP. From a start-to-finish perspective, comparing the January average rate of 31.2167 to the December average rate of 30.1287, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.8930 was down 35.38% compared to the 2019 peak of 53.9981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,465 CLP
2019 Average 143,452 CLP
Yearly Trough Low 146,790 CLP
Transaction Impact: A difference of 27,674.72 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

34.6583
29.7170
JanuMarcMayJulySeptNove

HNL 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 32.7045, compared to 31.3351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3693 points.

H1 Avg (Jan–Jun) 32.7045
H2 Avg (Jul–Dec) 31.3351

Volatility Range Comparison

Volatility

The most volatile month in 2020 was June, with a trading range of 2.4048 CLP (High: 33.1067 / Low: 30.7018). On the other end, September was the most stable month, with a tight range of 1.1862 CLP (High: 31.9526 / Low: 30.7664).

June Spread (Volatile) ±2.4048
September Spread (Stable) ±1.1862

Growth Streaks & Declines

Trends

Between January and April, 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 1.4083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 33.7838) against the same month in 2019 (average: 27.3523), the exchange rate shifted by +6.4316 (+23.51%).

2020 Avg (March) 33.7838
2019 Avg (March) 27.3523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2441 30.0417 31.2167
February 32.8078 31.3380 32.1599
March 34.8930 32.7713 33.7838
April 34.7568 33.4973 34.2466
May 33.7410 31.9920 32.8382
June 33.1067 30.7018 31.9815
July 32.4348 30.3287 31.5033
August 32.6382 30.3287 31.7703
September 31.9526 30.7664 31.3093
October 32.7989 31.3365 32.0433
November 31.8477 30.6103 31.2557
December 31.2778 29.3581 30.1287