2022 NGN to CLP Historical Review

YEARLY HIGH

2.5295 CLP

YEARLY LOW

1.8653 CLP

YEARLY AVERAGE

2.0630 CLP

2022 NGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.5295. Conversely, the yearly low was recorded on March 26, dropping to 1.8653.

This high-to-low spread represents a total annual volatility of 0.6642 CLP. From a start-to-finish perspective, comparing the January average rate of 1.9834 to the December average rate of 1.9587, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5295 was up 19.53% compared to the 2021 peak of 2.1162, 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 2,529,514 CLP

2021 Average 1,884,696 CLP

Yearly Trough Low 1,865,318 CLP

Transaction Impact: A difference of 664,195.77 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3310

1.8808

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 1.9889, compared to 2.1371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1482 points.

H1 Avg (Jan–Jun) 1.9889

H2 Avg (Jul–Dec) 2.1371

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.3659 CLP (High: 2.5295 / Low: 2.1636). On the other end, February was the most stable month, with a tight range of 0.0914 CLP (High: 1.9922 / Low: 1.9008).

July Spread (Volatile) ±0.3659

February Spread (Stable) ±0.0914

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.1465 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 2.2935) against the same month in 2021 (average: 1.8299), the exchange rate shifted by +0.4636 (+25.33%).

2022 Avg (July) 2.2935

2021 Avg (July) 1.8299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0708	1.9254	1.9834
February	1.9922	1.9008	1.9433
March	1.9577	1.8653	1.9183
April	2.0672	1.8742	1.9670
May	2.0894	1.9841	2.0409
June	2.2336	1.9523	2.0804
July	2.5295	2.1636	2.2935
August	2.2470	2.0704	2.1470
September	2.2818	2.0497	2.1556
October	2.2482	2.1357	2.1900
November	2.1538	2.0104	2.0776
December	2.0110	1.8931	1.9587