YEARLY HIGH
0.2284 CLP
YEARLY LOW
0.1963 CLP
YEARLY AVERAGE
0.2131 CLP

2016 MGA to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2284. Conversely, the yearly low was recorded on December 13, dropping to 0.1963.

This high-to-low spread represents a total annual volatility of 0.0321 CLP. From a start-to-finish perspective, comparing the January average rate of 0.2246 to the December average rate of 0.2001, the exchange rate registered a net change of -10.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2284 was down 5.47% compared to the 2015 peak of 0.2416, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,142 CLP
2015 Average 1,057 CLP
Yearly Trough Low 982 CLP
Transaction Impact: A difference of 160.50 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2270
0.1976
JanuMarcMayJulySeptNove

MGA 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 0.2151, compared to 0.2110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2151
H2 Avg (Jul–Dec) 0.2110

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0190 CLP (High: 0.2242 / Low: 0.2052). On the other end, November was the most stable month, with a tight range of 0.0054 CLP (High: 0.2082 / Low: 0.2028).

July Spread (Volatile) ±0.0190
November Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2246) against the same month in 2015 (average: 0.2334), the exchange rate shifted by -0.0088 (-3.77%).

2016 Avg (January) 0.2246
2015 Avg (January) 0.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2284 0.2197 0.2246
February 0.2254 0.2154 0.2206
March 0.2160 0.2090 0.2120
April 0.2143 0.2073 0.2104
May 0.2187 0.2076 0.2145
June 0.2119 0.2048 0.2085
July 0.2242 0.2052 0.2137
August 0.2227 0.2132 0.2185
September 0.2242 0.2119 0.2193
October 0.2133 0.2031 0.2087
November 0.2082 0.2028 0.2058
December 0.2049 0.1963 0.2001