YEARLY HIGH
0.4749 CLP
YEARLY LOW
0.4099 CLP
YEARLY AVERAGE
0.4459 CLP

2018 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.4749. Conversely, the yearly low was recorded on September 23, dropping to 0.4099.

This high-to-low spread represents a total annual volatility of 0.0650 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4501 to the December average rate of 0.4371, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4749 was down 5.13% compared to the 2017 peak of 0.5006, 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 2,375 CLP
2017 Average 2,383 CLP
Yearly Trough Low 2,050 CLP
Transaction Impact: A difference of 324.89 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4680
0.4200
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 0.4548, compared to 0.4370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.4548
H2 Avg (Jul–Dec) 0.4370

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0391 CLP (High: 0.4491 / Low: 0.4099). On the other end, April was the most stable month, with a tight range of 0.0084 CLP (High: 0.4545 / Low: 0.4460).

September Spread (Volatile) ±0.0391
April Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0169 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.4640) against the same month in 2017 (average: 0.4928), the exchange rate shifted by -0.0287 (-5.83%).

2018 Avg (May) 0.4640
2017 Avg (May) 0.4928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4554 0.4457 0.4501
February 0.4542 0.4394 0.4477
March 0.4565 0.4461 0.4519
April 0.4545 0.4460 0.4510
May 0.4749 0.4545 0.4640
June 0.4701 0.4567 0.4639
July 0.4669 0.4375 0.4564
August 0.4482 0.4293 0.4395
September 0.4491 0.4099 0.4331
October 0.4430 0.4182 0.4320
November 0.4335 0.4172 0.4240
December 0.4493 0.4225 0.4371