2024 NZD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 610.5538. Conversely, the yearly low was recorded on May 21, dropping to 541.5779.
This high-to-low spread represents a total annual volatility of 68.9758 CLP. From a start-to-finish perspective, comparing the January average rate of 561.1227 to the December average rate of 564.3761, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 610.5538 was up 8.03% compared to the 2023 peak of 565.1910, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NZD 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 572.6866, compared to 569.1181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5685 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 36.2595 CLP (High: 610.5538 / Low: 574.2942). On the other end, August was the most stable month, with a tight range of 13.1289 CLP (High: 570.9131 / Low: 557.7842).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 18.1720 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 592.1028) against the same month in 2023 (average: 502.9884), the exchange rate shifted by +89.1143 (+17.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 572.2661 | 550.8257 | 561.1227 |
| February | 610.5538 | 574.2942 | 592.1028 |
| March | 606.7772 | 573.3055 | 587.5312 |
| April | 586.5404 | 560.7618 | 569.3592 |
| May | 570.0614 | 541.5779 | 556.3975 |
| June | 580.7829 | 557.8652 | 569.6064 |
| July | 576.4585 | 552.3605 | 563.9089 |
| August | 570.9131 | 557.7842 | 565.4028 |
| September | 587.1650 | 568.6108 | 576.6840 |
| October | 579.2412 | 564.4397 | 569.8809 |
| November | 583.5314 | 565.8162 | 574.4562 |
| December | 576.8577 | 556.3801 | 564.3761 |