YEARLY HIGH
2584.4301 CLP
YEARLY LOW
2289.3492 CLP
YEARLY AVERAGE
2452.5623 CLP

2024 OMR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2584.4301. Conversely, the yearly low was recorded on January 3, dropping to 2289.3492.

This high-to-low spread represents a total annual volatility of 295.0808 CLP. From a start-to-finish perspective, comparing the January average rate of 2361.1942 to the December average rate of 2555.3472, the exchange rate registered a net change of 8.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2584.4301 was up 5.07% compared to the 2023 peak of 2459.6396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 OMR based on timing:

Yearly Peak High 12,922,150 CLP
2023 Average 10,916,327 CLP
Yearly Trough Low 11,446,746 CLP
Transaction Impact: A difference of 1,475,404.09 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2574.7625
2341.7789
JanuMarcMayJulySeptNove

OMR 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 2443.8416, compared to 2461.2829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.4413 points.

H1 Avg (Jan–Jun) 2443.8416
H2 Avg (Jul–Dec) 2461.2829

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 189.8074 CLP (High: 2495.8889 / Low: 2306.0815). On the other end, December was the most stable month, with a tight range of 62.6669 CLP (High: 2584.4301 / Low: 2521.7632).

May Spread (Volatile) ±189.8074
December Spread (Stable) ±62.6669

Growth Streaks & Declines

Trends

Between 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 102.4500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -102.4500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2555.3472) against the same month in 2023 (average: 2275.3519), the exchange rate shifted by +279.9954 (+12.31%).

2024 Avg (December) 2555.3472
2023 Avg (December) 2275.3519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2416.5609 2289.3492 2361.1942
February 2572.4341 2427.7817 2509.8703
March 2572.0999 2445.8832 2512.6998
April 2552.1974 2443.8903 2484.5368
May 2495.8889 2306.0815 2382.0868
June 2479.8547 2340.3245 2412.6617
July 2485.5048 2353.2055 2428.4786
August 2473.9609 2355.8048 2414.2268
September 2467.3975 2335.6790 2406.6406
October 2497.5674 2348.5700 2436.6439
November 2563.8307 2473.3891 2526.3604
December 2584.4301 2521.7632 2555.3472