YEARLY HIGH
0.5006 CLP
YEARLY LOW
0.4528 CLP
YEARLY AVERAGE
0.4765 CLP

2017 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.5006. Conversely, the yearly low was recorded on October 16, dropping to 0.4528.

This high-to-low spread represents a total annual volatility of 0.0478 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4864 to the December average rate of 0.4676, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5006 was down 15.31% compared to the 2016 peak of 0.5910, 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 2,503 CLP
2016 Average 2,743 CLP
Yearly Trough Low 2,264 CLP
Transaction Impact: A difference of 239.03 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4961
0.4566
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 0.4840, compared to 0.4691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.4840
H2 Avg (Jul–Dec) 0.4691

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0310 CLP (High: 0.4841 / Low: 0.4532). On the other end, March was the most stable month, with a tight range of 0.0085 CLP (High: 0.4885 / Low: 0.4800).

December Spread (Volatile) ±0.0310
March Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.4928) against the same month in 2016 (average: 0.5814), the exchange rate shifted by -0.0886 (-15.25%).

2017 Avg (May) 0.4928
2016 Avg (May) 0.5814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4983 0.4752 0.4864
February 0.4751 0.4646 0.4699
March 0.4885 0.4800 0.4842
April 0.4901 0.4751 0.4823
May 0.5006 0.4864 0.4928
June 0.4950 0.4827 0.4883
July 0.4927 0.4736 0.4831
August 0.4803 0.4614 0.4732
September 0.4684 0.4529 0.4599
October 0.4727 0.4528 0.4631
November 0.4794 0.4613 0.4677
December 0.4841 0.4532 0.4676