YEARLY HIGH
0.5702 CLP
YEARLY LOW
0.4233 CLP
YEARLY AVERAGE
0.4624 CLP

2019 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.5702. Conversely, the yearly low was recorded on February 27, dropping to 0.4233.

This high-to-low spread represents a total annual volatility of 0.1469 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4404 to the December average rate of 0.5119, the exchange rate registered a net change of 16.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5702 was up 20.07% compared to the 2018 peak of 0.4749, 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 2,851 CLP
2018 Average 2,230 CLP
Yearly Trough Low 2,117 CLP
Transaction Impact: A difference of 734.48 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5251
0.4203
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 0.4425, compared to 0.4824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0399 points.

H1 Avg (Jan–Jun) 0.4425
H2 Avg (Jul–Dec) 0.4824

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0824 CLP (High: 0.5702 / Low: 0.4878). On the other end, February was the most stable month, with a tight range of 0.0102 CLP (High: 0.4335 / Low: 0.4233).

November Spread (Volatile) ±0.0824
February Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0114 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.5164) against the same month in 2018 (average: 0.4240), the exchange rate shifted by +0.0924 (+21.78%).

2019 Avg (November) 0.5164
2018 Avg (November) 0.4240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4509 0.4347 0.4404
February 0.4335 0.4233 0.4290
March 0.4496 0.4300 0.4403
April 0.4458 0.4344 0.4396
May 0.4647 0.4450 0.4518
June 0.4663 0.4468 0.4537
July 0.4665 0.4475 0.4545
August 0.4763 0.4655 0.4710
September 0.4764 0.4625 0.4696
October 0.4878 0.4639 0.4711
November 0.5702 0.4878 0.5164
December 0.5702 0.4964 0.5119