2024 MMK to CLP Historical Review

YEARLY HIGH

0.4743 CLP

YEARLY LOW

0.2877 CLP

YEARLY AVERAGE

0.4461 CLP

2024 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4743. Conversely, the yearly low was recorded on July 20, dropping to 0.2877.

This high-to-low spread represents a total annual volatility of 0.1866 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4329 to the December average rate of 0.4688, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4743 was up 5.21% compared to the 2023 peak of 0.4508, 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 2,371 CLP

2023 Average 2,002 CLP

Yearly Trough Low 1,439 CLP

Transaction Impact: A difference of 932.76 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4740

0.4119

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 0.4453, compared to 0.4468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4453

H2 Avg (Jul–Dec) 0.4468

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1683 CLP (High: 0.4561 / Low: 0.2877). On the other end, December was the most stable month, with a tight range of 0.0115 CLP (High: 0.4743 / Low: 0.4628).

July Spread (Volatile) ±0.1683

December Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0189 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4688) against the same month in 2023 (average: 0.4167), the exchange rate shifted by +0.0521 (+12.51%).

2024 Avg (December) 0.4688

2023 Avg (December) 0.4167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4438	0.4194	0.4329
February	0.4716	0.4458	0.4600
March	0.4715	0.4484	0.4608
April	0.4695	0.4481	0.4556
May	0.4576	0.4222	0.4367
June	0.4510	0.3801	0.4259
July	0.4561	0.2877	0.4171
August	0.4539	0.4322	0.4429
September	0.4527	0.4286	0.4415
October	0.4583	0.4310	0.4471
November	0.4703	0.4539	0.4635
December	0.4743	0.4628	0.4688