YEARLY HIGH
0.2282 CLP
YEARLY LOW
0.1885 CLP
YEARLY AVERAGE
0.2079 CLP

2017 MGA to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.2282. Conversely, the yearly low was recorded on December 31, dropping to 0.1885.

This high-to-low spread represents a total annual volatility of 0.0397 CLP. From a start-to-finish perspective, comparing the January average rate of 0.2011 to the December average rate of 0.1969, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2282 was down 0.09% compared to the 2016 peak of 0.2284, 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 1,141 CLP
2016 Average 1,065 CLP
Yearly Trough Low 942 CLP
Transaction Impact: A difference of 198.58 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2251
0.1943
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 0.2075, compared to 0.2083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2075
H2 Avg (Jul–Dec) 0.2083

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0180 CLP (High: 0.2065 / Low: 0.1885). On the other end, November was the most stable month, with a tight range of 0.0042 CLP (High: 0.2020 / Low: 0.1977).

December Spread (Volatile) ±0.0180
November Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.2225) against the same month in 2016 (average: 0.2137), the exchange rate shifted by +0.0088 (+4.10%).

2017 Avg (July) 0.2225
2016 Avg (July) 0.2137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2043 0.1981 0.2011
February 0.2122 0.2002 0.2041
March 0.2167 0.2008 0.2077
April 0.2101 0.1998 0.2049
May 0.2190 0.2088 0.2147
June 0.2200 0.2053 0.2123
July 0.2282 0.2153 0.2225
August 0.2227 0.2098 0.2171
September 0.2117 0.2061 0.2094
October 0.2109 0.2008 0.2048
November 0.2020 0.1977 0.1993
December 0.2065 0.1885 0.1969