YEARLY HIGH
1.9242 CLP
YEARLY LOW
1.6314 CLP
YEARLY AVERAGE
1.7763 CLP

2018 NGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.9242. Conversely, the yearly low was recorded on February 26, dropping to 1.6314.

This high-to-low spread represents a total annual volatility of 0.2928 CLP. From a start-to-finish perspective, comparing the January average rate of 1.6811 to the December average rate of 1.8807, the exchange rate registered a net change of 11.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9242 was down 12.78% compared to the 2017 peak of 2.2063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,924,231 CLP
2017 Average 1,954,921 CLP
Yearly Trough Low 1,631,396 CLP
Transaction Impact: A difference of 292,835.69 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9032
1.6331
JanuMarcMayJulySeptNove

NGN 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 1.6987, compared to 1.8539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1552 points.

H1 Avg (Jan–Jun) 1.6987
H2 Avg (Jul–Dec) 1.8539

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1121 CLP (High: 1.9242 / Low: 1.8121). On the other end, March was the most stable month, with a tight range of 0.0397 CLP (High: 1.6944 / Low: 1.6548).

September Spread (Volatile) ±0.1121
March Spread (Stable) ±0.0397

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0256 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.8749) against the same month in 2017 (average: 1.7451), the exchange rate shifted by +0.1297 (+7.43%).

2018 Avg (September) 1.8749
2017 Avg (September) 1.7451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7112 1.6641 1.6811
February 1.6777 1.6314 1.6556
March 1.6944 1.6548 1.6776
April 1.7027 1.6511 1.6705
May 1.7742 1.7020 1.7399
June 1.8164 1.7413 1.7674
July 1.8419 1.7681 1.8087
August 1.8820 1.7805 1.8246
September 1.9242 1.8121 1.8749
October 1.9141 1.8061 1.8702
November 1.9050 1.8310 1.8643
December 1.9128 1.8407 1.8807