2024 MWK to CLP Historical Review

YEARLY HIGH

0.5883 CLP

YEARLY LOW

0.5114 CLP

YEARLY AVERAGE

0.5481 CLP

2024 MWK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.5883. Conversely, the yearly low was recorded on May 20, dropping to 0.5114.

This high-to-low spread represents a total annual volatility of 0.0769 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5401 to the December average rate of 0.5674, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5883 was down 30.04% compared to the 2023 peak of 0.8408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MWK based on timing:

Yearly Peak High 2,941 CLP

2023 Average 3,780 CLP

Yearly Trough Low 2,557 CLP

Transaction Impact: A difference of 384.39 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5784

0.5242

JanuMarcMayJulySeptNove

MWK 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 0.5498, compared to 0.5463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.5498

H2 Avg (Jul–Dec) 0.5463

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0421 CLP (High: 0.5535 / Low: 0.5114). On the other end, December was the most stable month, with a tight range of 0.0151 CLP (High: 0.5742 / Low: 0.5591).

May Spread (Volatile) ±0.0421

December Spread (Stable) ±0.0151

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 0.0226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5739) against the same month in 2023 (average: 0.7805), the exchange rate shifted by -0.2065 (-26.46%).

2024 Avg (February) 0.5739

2023 Avg (February) 0.7805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5534	0.5232	0.5401
February	0.5883	0.5553	0.5739
March	0.5882	0.5593	0.5693
April	0.5674	0.5419	0.5513
May	0.5535	0.5114	0.5287
June	0.5503	0.5200	0.5357
July	0.5516	0.5233	0.5393
August	0.5516	0.5227	0.5365
September	0.5475	0.5179	0.5339
October	0.5545	0.5218	0.5405
November	0.5687	0.5488	0.5605
December	0.5742	0.5591	0.5674