YEARLY HIGH
0.5910 CLP
YEARLY LOW
0.4873 CLP
YEARLY AVERAGE
0.5486 CLP

2016 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.5910. Conversely, the yearly low was recorded on December 29, dropping to 0.4873.

This high-to-low spread represents a total annual volatility of 0.1037 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5549 to the December average rate of 0.4944, the exchange rate registered a net change of -10.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5910 was down 9.39% compared to the 2015 peak of 0.6523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,955 CLP
2015 Average 2,958 CLP
Yearly Trough Low 2,437 CLP
Transaction Impact: A difference of 518.56 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5901
0.4856
JanuMarcMayJulySeptNove

MMK 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 0.5664, compared to 0.5308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 0.5664
H2 Avg (Jul–Dec) 0.5308

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0403 CLP (High: 0.5633 / Low: 0.5230). On the other end, March was the most stable month, with a tight range of 0.0111 CLP (High: 0.5649 / Low: 0.5538).

September Spread (Volatile) ±0.0403
March Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0234 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.5814) against the same month in 2015 (average: 0.5585), the exchange rate shifted by +0.0229 (+4.10%).

2016 Avg (May) 0.5814
2015 Avg (May) 0.5585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5635 0.5414 0.5549
February 0.5816 0.5488 0.5639
March 0.5649 0.5538 0.5588
April 0.5783 0.5508 0.5663
May 0.5910 0.5648 0.5814
June 0.5819 0.5646 0.5732
July 0.5683 0.5480 0.5578
August 0.5596 0.5437 0.5530
September 0.5633 0.5230 0.5444
October 0.5346 0.5055 0.5210
November 0.5219 0.5053 0.5143
December 0.5126 0.4873 0.4944