YEARLY HIGH
1403.0591 CLP
YEARLY LOW
1241.8243 CLP
YEARLY AVERAGE
1331.6503 CLP

2024 JOD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1403.0591. Conversely, the yearly low was recorded on January 3, dropping to 1241.8243.

This high-to-low spread represents a total annual volatility of 161.2348 CLP. From a start-to-finish perspective, comparing the January average rate of 1281.1605 to the December average rate of 1386.8964, the exchange rate registered a net change of 8.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1403.0591 was up 5.15% compared to the 2023 peak of 1334.2774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,015,295 CLP
2023 Average 5,924,435 CLP
Yearly Trough Low 6,209,122 CLP
Transaction Impact: A difference of 806,173.75 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1397.4700
1270.5869
JanuMarcMayJulySeptNove

JOD 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 1326.7968, compared to 1336.5037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7069 points.

H1 Avg (Jan–Jun) 1326.7968
H2 Avg (Jul–Dec) 1336.5037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 103.6797 CLP (High: 1355.7463 / Low: 1252.0666). On the other end, December was the most stable month, with a tight range of 34.4747 CLP (High: 1403.0591 / Low: 1368.5844).

May Spread (Volatile) ±103.6797
December Spread (Stable) ±34.4747

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 55.9963 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -55.9963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1386.8964) against the same month in 2023 (average: 1234.7792), the exchange rate shifted by +152.1172 (+12.32%).

2024 Avg (December) 1386.8964
2023 Avg (December) 1234.7792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1311.6930 1241.8243 1281.1605
February 1396.2756 1317.7939 1362.5028
March 1396.6695 1328.5573 1364.2670
April 1390.1538 1327.1265 1349.3108
May 1355.7463 1252.0666 1293.3145
June 1347.0157 1270.8434 1310.2253
July 1350.0917 1278.2419 1319.0622
August 1343.6526 1279.6106 1311.1798
September 1340.2004 1268.7315 1307.1266
October 1355.8072 1275.8995 1323.4816
November 1391.4540 1343.0841 1371.2757
December 1403.0591 1368.5844 1386.8964