YEARLY HIGH
0.3126 CLP
YEARLY LOW
0.1817 CLP
YEARLY AVERAGE
0.1937 CLP

2019 MGA to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3126. Conversely, the yearly low was recorded on April 13, dropping to 0.1817.

This high-to-low spread represents a total annual volatility of 0.1309 CLP. From a start-to-finish perspective, comparing the January average rate of 0.1898 to the December average rate of 0.2140, the exchange rate registered a net change of 12.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3126 was up 50.47% compared to the 2018 peak of 0.2077, 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 1,563 CLP
2018 Average 960 CLP
Yearly Trough Low 908 CLP
Transaction Impact: A difference of 654.58 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2169
0.1816
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 0.1881, compared to 0.1993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1881
H2 Avg (Jul–Dec) 0.1993

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1128 CLP (High: 0.3126 / Low: 0.1998). On the other end, September was the most stable month, with a tight range of 0.0053 CLP (High: 0.1944 / Low: 0.1891).

December Spread (Volatile) ±0.1128
September Spread (Stable) ±0.0053

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 March and April, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.2140) against the same month in 2018 (average: 0.1928), the exchange rate shifted by +0.0212 (+10.97%).

2019 Avg (December) 0.2140
2018 Avg (December) 0.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1997 0.1834 0.1898
February 0.1890 0.1826 0.1855
March 0.1923 0.1853 0.1893
April 0.1873 0.1817 0.1846
May 0.1944 0.1857 0.1898
June 0.1944 0.1856 0.1895
July 0.1930 0.1856 0.1889
August 0.1969 0.1910 0.1935
September 0.1944 0.1891 0.1919
October 0.2032 0.1915 0.1956
November 0.2378 0.1997 0.2121
December 0.3126 0.1998 0.2140