2020 NGN to CLP Historical Review

YEARLY HIGH

2.3619 CLP

YEARLY LOW

1.8100 CLP

YEARLY AVERAGE

2.0848 CLP

2020 NGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.3619. Conversely, the yearly low was recorded on December 26, dropping to 1.8100.

This high-to-low spread represents a total annual volatility of 0.5520 CLP. From a start-to-finish perspective, comparing the January average rate of 2.1358 to the December average rate of 1.9033, the exchange rate registered a net change of -10.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3619 was down 0.33% compared to the 2019 peak of 2.3697, 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 2,361,920 CLP

2019 Average 1,955,626 CLP

Yearly Trough Low 1,809,955 CLP

Transaction Impact: A difference of 551,965.53 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3040

1.8669

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 2.1631, compared to 2.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1566 points.

H1 Avg (Jan–Jun) 2.1631

H2 Avg (Jul–Dec) 2.0065

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.2176 CLP (High: 2.3589 / Low: 2.1413). On the other end, November was the most stable month, with a tight range of 0.0696 CLP (High: 2.0324 / Low: 1.9629).

April Spread (Volatile) ±0.2176

November Spread (Stable) ±0.0696

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.2676) against the same month in 2019 (average: 1.8623), the exchange rate shifted by +0.4053 (+21.76%).

2020 Avg (March) 2.2676

2019 Avg (March) 1.8623

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2108	2.0229	2.1358
February	2.2378	2.1339	2.1926
March	2.3619	2.1473	2.2676
April	2.3589	2.1413	2.2170
May	2.1618	2.0613	2.1072
June	2.1251	1.9766	2.0582
July	2.0847	1.9494	2.0222
August	2.1199	1.9494	2.0392
September	2.0712	1.9765	2.0163
October	2.1076	2.0262	2.0613
November	2.0324	1.9629	1.9968
December	1.9956	1.8100	1.9033