YEARLY HIGH
42.0267 CLP
YEARLY LOW
34.0721 CLP
YEARLY AVERAGE
37.4600 CLP

2021 MXN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 42.0267. Conversely, the yearly low was recorded on February 22, dropping to 34.0721.

This high-to-low spread represents a total annual volatility of 7.9546 CLP. From a start-to-finish perspective, comparing the January average rate of 36.2386 to the December average rate of 40.6752, the exchange rate registered a net change of 12.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 42.0267 was down 2.13% compared to the 2020 peak of 42.9410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,101,334 CLP
2020 Average 1,851,483 CLP
Yearly Trough Low 1,703,606 CLP
Transaction Impact: A difference of 397,728.71 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

41.2472
34.3827
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 35.6931, compared to 39.2270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5339 points.

H1 Avg (Jan–Jun) 35.6931
H2 Avg (Jul–Dec) 39.2270

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.0173 CLP (High: 42.0267 / Low: 39.0094). On the other end, April was the most stable month, with a tight range of 1.0309 CLP (High: 35.9479 / Low: 34.9170).

December Spread (Volatile) ±3.0173
April Spread (Stable) ±1.0309

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8054 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.8054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 40.6752) against the same month in 2020 (average: 36.6151), the exchange rate shifted by +4.0601 (+11.09%).

2021 Avg (December) 40.6752
2020 Avg (December) 36.6151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.5234 34.9601 36.2386
February 36.7950 34.0721 35.5868
March 35.6205 34.2566 34.9547
April 35.9479 34.9170 35.3350
May 36.8688 34.8106 35.6591
June 37.0815 35.6712 36.3842
July 38.4574 37.0007 37.7156
August 39.5449 38.0595 38.8930
September 39.7162 38.4607 39.2089
October 40.4998 39.2775 39.8372
November 39.9895 37.8475 39.0318
December 42.0267 39.0094 40.6752