2019 MAD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MAD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 88.8992. Conversely, the yearly low was recorded on February 27, dropping to 67.9196.
This high-to-low spread represents a total annual volatility of 20.9796 CLP. From a start-to-finish perspective, comparing the January average rate of 70.8251 to the December average rate of 79.7857, the exchange rate registered a net change of 12.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 88.8992 was up 20.35% compared to the 2018 peak of 73.8653, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MAD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 70.3379, compared to 75.9678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6299 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 12.5381 CLP (High: 88.8728 / Low: 76.3348). On the other end, April was the most stable month, with a tight range of 1.5444 CLP (High: 70.2301 / Low: 68.6857).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0517 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 81.0646) against the same month in 2018 (average: 71.2371), the exchange rate shifted by +9.8275 (+13.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.7820 | 69.5022 | 70.8251 |
| February | 69.5729 | 67.9196 | 68.7735 |
| March | 70.6729 | 68.4980 | 69.7666 |
| April | 70.2301 | 68.6857 | 69.1859 |
| May | 73.0717 | 70.0368 | 71.5124 |
| June | 73.2135 | 70.7179 | 71.9639 |
| July | 72.9276 | 70.7258 | 71.6441 |
| August | 75.9032 | 73.2589 | 74.4430 |
| September | 75.0403 | 73.2185 | 74.1886 |
| October | 77.3212 | 73.4367 | 74.6809 |
| November | 88.8992 | 76.9082 | 81.0646 |
| December | 88.8728 | 76.3348 | 79.7857 |