YEARLY HIGH
0.2341 CLP
YEARLY LOW
0.1828 CLP
YEARLY AVERAGE
0.2081 CLP

2020 MGA to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.2341. Conversely, the yearly low was recorded on December 27, dropping to 0.1828.

This high-to-low spread represents a total annual volatility of 0.0513 CLP. From a start-to-finish perspective, comparing the January average rate of 0.2102 to the December average rate of 0.1914, the exchange rate registered a net change of -8.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2341 was down 25.11% compared to the 2019 peak of 0.3126, 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 1,171 CLP
2019 Average 969 CLP
Yearly Trough Low 914 CLP
Transaction Impact: A difference of 256.26 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2295
0.1879
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 0.2169, compared to 0.1993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.2169
H2 Avg (Jul–Dec) 0.1993

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0211 CLP (High: 0.2208 / Low: 0.1996). On the other end, September was the most stable month, with a tight range of 0.0062 CLP (High: 0.2034 / Low: 0.1971).

January Spread (Volatile) ±0.0211
September Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2258) against the same month in 2019 (average: 0.1893), the exchange rate shifted by +0.0364 (+19.24%).

2020 Avg (March) 0.2258
2019 Avg (March) 0.1893

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2208 0.1996 0.2102
February 0.2208 0.2117 0.2155
March 0.2341 0.2192 0.2258
April 0.2308 0.2183 0.2261
May 0.2219 0.2100 0.2153
June 0.2134 0.2026 0.2084
July 0.2103 0.1976 0.2039
August 0.2113 0.1979 0.2047
September 0.2034 0.1971 0.2004
October 0.2053 0.1943 0.2011
November 0.2014 0.1910 0.1945
December 0.2032 0.1828 0.1914