2020 MXN to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 42.9410. Conversely, the yearly low was recorded on August 3, dropping to 33.4631.
This high-to-low spread represents a total annual volatility of 9.4780 CLP. From a start-to-finish perspective, comparing the January average rate of 41.1494 to the December average rate of 36.6151, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 42.9410 was down 2.21% compared to the 2019 peak of 43.9095, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MXN to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.8754, compared to 36.2196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6557 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7.9941 CLP (High: 41.9764 / Low: 33.9823). On the other end, February was the most stable month, with a tight range of 1.2392 CLP (High: 42.9410 / Low: 41.7019).
Growth Streaks & Declines
TrendsBetween July and November, 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 February and March, when the average rate fell by 4.5199 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 42.3542) against the same month in 2019 (average: 34.2101), the exchange rate shifted by +8.1442 (+23.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42.4706 | 39.1562 | 41.1494 |
| February | 42.9410 | 41.7019 | 42.3542 |
| March | 41.9764 | 33.9823 | 37.8343 |
| April | 36.3456 | 34.2498 | 35.2409 |
| May | 36.7646 | 33.6041 | 34.9832 |
| June | 36.5767 | 34.6787 | 35.6902 |
| July | 35.8481 | 33.9586 | 34.9925 |
| August | 36.4519 | 33.4631 | 35.4590 |
| September | 36.4281 | 34.9551 | 35.7719 |
| October | 37.7671 | 36.0297 | 37.0710 |
| November | 38.6350 | 35.9160 | 37.4083 |
| December | 37.9395 | 35.5848 | 36.6151 |