2021 MXN to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |