YEARLY HIGH
266.7019 CLP
YEARLY LOW
237.2142 CLP
YEARLY AVERAGE
251.5568 CLP

2024 PEN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 266.7019. Conversely, the yearly low was recorded on May 20, dropping to 237.2142.

This high-to-low spread represents a total annual volatility of 29.4878 CLP. From a start-to-finish perspective, comparing the January average rate of 243.5838 to the December average rate of 263.5928, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 266.7019 was up 8.72% compared to the 2023 peak of 245.3160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,333,510 CLP
2023 Average 1,123,654 CLP
Yearly Trough Low 1,186,071 CLP
Transaction Impact: A difference of 147,438.76 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

265.5937
241.5829
JanuMarcMayJulySeptNove

PEN 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 250.8098, compared to 252.3037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4939 points.

H1 Avg (Jan–Jun) 250.8098
H2 Avg (Jul–Dec) 252.3037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 18.0555 CLP (High: 255.2697 / Low: 237.2142). On the other end, December was the most stable month, with a tight range of 7.4280 CLP (High: 266.7019 / Low: 259.2739).

May Spread (Volatile) ±18.0555
December Spread (Stable) ±7.4280

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 11.7030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.7030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 263.5928) against the same month in 2023 (average: 234.4889), the exchange rate shifted by +29.1039 (+12.41%).

2024 Avg (December) 263.5928
2023 Avg (December) 234.4889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 249.2348 237.6766 243.5838
February 260.7003 245.1033 252.3592
March 266.4857 255.1339 260.3461
April 265.0047 251.8268 257.4015
May 255.2697 237.2142 245.6985
June 249.6916 241.5349 245.4697
July 256.0443 240.9284 248.3923
August 256.5597 241.9226 248.8079
September 249.3571 239.8309 245.7385
October 255.2463 243.9654 250.0849
November 261.3013 252.3911 257.2058
December 266.7019 259.2739 263.5928