YEARLY HIGH
11.9549 CLP
YEARLY LOW
10.5748 CLP
YEARLY AVERAGE
11.2820 CLP

2024 INR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 11.9549. Conversely, the yearly low was recorded on January 3, dropping to 10.5748.

This high-to-low spread represents a total annual volatility of 1.3801 CLP. From a start-to-finish perspective, comparing the January average rate of 10.9363 to the December average rate of 11.5713, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9549 was up 5.03% compared to the 2023 peak of 11.3819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 2,988,731 CLP
2023 Average 2,543,733 CLP
Yearly Trough Low 2,643,702 CLP
Transaction Impact: A difference of 345,029.28 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.7152
10.8655
JanuMarcMayJulySeptNove

INR 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 11.3019, compared to 11.2621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 11.3019
H2 Avg (Jul–Dec) 11.2621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8657 CLP (High: 11.5197 / Low: 10.6540). On the other end, December was the most stable month, with a tight range of 0.2338 CLP (High: 11.6763 / Low: 11.4425).

May Spread (Volatile) ±0.8657
December Spread (Stable) ±0.2338

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 0.4678 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 11.6438) against the same month in 2023 (average: 9.8193), the exchange rate shifted by +1.8245 (+18.58%).

2024 Avg (March) 11.6438
2023 Avg (March) 9.8193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2006 10.5748 10.9363
February 11.9502 11.2680 11.6444
March 11.9549 11.3519 11.6438
April 11.8145 11.2696 11.4651
May 11.5197 10.6540 10.9973
June 11.4394 10.8414 11.1242
July 11.4245 10.8466 11.1817
August 11.3596 10.8107 11.0778
September 11.3095 10.7404 11.0537
October 11.4347 10.7803 11.1614
November 11.6852 11.3177 11.5269
December 11.6763 11.4425 11.5713