2024 NIO to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NIO to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NIO to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 27.0559. Conversely, the yearly low was recorded on January 3, dropping to 24.0433.
This high-to-low spread represents a total annual volatility of 3.0126 CLP. From a start-to-finish perspective, comparing the January average rate of 24.7993 to the December average rate of 26.7400, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 27.0559 was up 4.67% compared to the 2023 peak of 25.8479, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NIO 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 25.5852, compared to 25.7467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1615 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 2.0707 CLP (High: 26.1625 / Low: 24.0918). On the other end, December was the most stable month, with a tight range of 0.7097 CLP (High: 27.0559 / Low: 26.3462).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0570 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 26.7400) against the same month in 2023 (average: 23.8898), the exchange rate shifted by +2.8502 (+11.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.3830 | 24.0433 | 24.7993 |
| February | 26.9207 | 25.4238 | 26.2697 |
| March | 26.9120 | 25.5842 | 26.2960 |
| April | 26.7883 | 25.5710 | 25.9827 |
| May | 26.1625 | 24.0918 | 24.9257 |
| June | 25.9229 | 24.5023 | 25.2376 |
| July | 25.9838 | 24.6467 | 25.4030 |
| August | 25.9702 | 24.6254 | 25.2577 |
| September | 25.7997 | 24.4334 | 25.1692 |
| October | 26.1356 | 24.5963 | 25.4790 |
| November | 26.8484 | 25.8778 | 26.4310 |
| December | 27.0559 | 26.3462 | 26.7400 |