YEARLY HIGH
0.7601 CLP
YEARLY LOW
0.6728 CLP
YEARLY AVERAGE
0.7208 CLP

2024 IQD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7601. Conversely, the yearly low was recorded on January 1, dropping to 0.6728.

This high-to-low spread represents a total annual volatility of 0.0872 CLP. From a start-to-finish perspective, comparing the January average rate of 0.6939 to the December average rate of 0.7511, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7601 was up 5.17% compared to the 2023 peak of 0.7227, 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 3,800 CLP
2023 Average 3,104 CLP
Yearly Trough Low 3,364 CLP
Transaction Impact: A difference of 436.14 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7568
0.6882
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 0.7182, compared to 0.7234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.7182
H2 Avg (Jul–Dec) 0.7234

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0566 CLP (High: 0.7335 / Low: 0.6768). On the other end, December was the most stable month, with a tight range of 0.0200 CLP (High: 0.7601 / Low: 0.7400).

May Spread (Volatile) ±0.0566
December Spread (Stable) ±0.0200

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 0.0302 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7511) against the same month in 2023 (average: 0.6684), the exchange rate shifted by +0.0828 (+12.38%).

2024 Avg (December) 0.7511
2023 Avg (December) 0.6684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7109 0.6728 0.6939
February 0.7559 0.7134 0.7374
March 0.7559 0.7187 0.7387
April 0.7525 0.7183 0.7303
May 0.7335 0.6768 0.7001
June 0.7284 0.6883 0.7089
July 0.7302 0.6916 0.7139
August 0.7330 0.6922 0.7105
September 0.7249 0.6864 0.7070
October 0.7343 0.6906 0.7157
November 0.7529 0.7267 0.7420
December 0.7601 0.7400 0.7511