YEARLY HIGH
56.0987 CLP
YEARLY LOW
50.2238 CLP
YEARLY AVERAGE
53.2346 CLP

2024 MDL to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 56.0987. Conversely, the yearly low was recorded on May 20, dropping to 50.2238.

This high-to-low spread represents a total annual volatility of 5.8749 CLP. From a start-to-finish perspective, comparing the January average rate of 51.5765 to the December average rate of 53.6991, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.0987 was up 6.94% compared to the 2023 peak of 52.4600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280,494 CLP
2023 Average 232,403 CLP
Yearly Trough Low 251,119 CLP
Transaction Impact: A difference of 29,374.33 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.1087
51.2554
JanuMarcMayJulySeptNove

MDL 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 53.1543, compared to 53.3150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1607 points.

H1 Avg (Jan–Jun) 53.1543
H2 Avg (Jul–Dec) 53.3150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 4.2421 CLP (High: 54.4659 / Low: 50.2238). On the other end, December was the most stable month, with a tight range of 1.4653 CLP (High: 54.3398 / Low: 52.8745).

May Spread (Volatile) ±4.2421
December Spread (Stable) ±1.4653

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.0386 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 54.7876) against the same month in 2023 (average: 43.4044), the exchange rate shifted by +11.3832 (+26.23%).

2024 Avg (March) 54.7876
2023 Avg (March) 43.4044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.5869 50.5205 51.5765
February 55.6235 52.6539 54.2741
March 56.0987 53.2788 54.7876
April 56.0538 53.1759 53.9589
May 54.4659 50.2238 51.9203
June 53.4829 51.1889 52.4085
July 54.1169 51.3480 52.8026
August 54.0188 51.7634 53.1437
September 54.8079 51.7813 53.3033
October 53.9853 52.0563 53.0494
November 55.0405 53.3149 53.8918
December 54.3398 52.8745 53.6991