YEARLY HIGH
0.6243 CLP
YEARLY LOW
0.4992 CLP
YEARLY AVERAGE
0.5762 CLP

2020 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.6243. Conversely, the yearly low was recorded on January 1, dropping to 0.4992.

This high-to-low spread represents a total annual volatility of 0.1251 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5269 to the December average rate of 0.5464, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6243 was up 9.49% compared to the 2019 peak of 0.5702, 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 3,122 CLP
2019 Average 2,313 CLP
Yearly Trough Low 2,496 CLP
Transaction Impact: A difference of 625.57 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6177
0.5186
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 0.5724, compared to 0.5800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.5724
H2 Avg (Jul–Dec) 0.5800

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0560 CLP (High: 0.6243 / Low: 0.5683). On the other end, November was the most stable month, with a tight range of 0.0217 CLP (High: 0.6009 / Low: 0.5793).

March Spread (Volatile) ±0.0560
November Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0405 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6002) against the same month in 2019 (average: 0.4403), the exchange rate shifted by +0.1599 (+36.31%).

2020 Avg (March) 0.6002
2019 Avg (March) 0.4403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5471 0.4992 0.5269
February 0.5694 0.5355 0.5504
March 0.6243 0.5683 0.6002
April 0.6217 0.5867 0.6006
May 0.6058 0.5706 0.5845
June 0.6001 0.5464 0.5720
July 0.5936 0.5532 0.5728
August 0.5932 0.5541 0.5787
September 0.6026 0.5751 0.5854
October 0.6234 0.5990 0.6095
November 0.6009 0.5793 0.5869
December 0.5752 0.5301 0.5464