YEARLY HIGH
264.3018 CLP
YEARLY LOW
226.2866 CLP
YEARLY AVERAGE
242.6455 CLP

2024 PGK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 264.3018. Conversely, the yearly low was recorded on September 28, dropping to 226.2866.

This high-to-low spread represents a total annual volatility of 38.0152 CLP. From a start-to-finish perspective, comparing the January average rate of 243.4449 to the December average rate of 243.3092, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 264.3018 was up 3.13% compared to the 2023 peak of 256.2701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,321,509 CLP
2023 Average 1,165,979 CLP
Yearly Trough Low 1,131,433 CLP
Transaction Impact: A difference of 190,075.96 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

258.2825
231.7479
JanuMarcMayJulySeptNove

PGK 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 246.6441, compared to 238.6470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9971 points.

H1 Avg (Jan–Jun) 246.6441
H2 Avg (Jul–Dec) 238.6470

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 20.7064 CLP (High: 248.9597 / Low: 228.2533). On the other end, November was the most stable month, with a tight range of 7.9626 CLP (High: 245.3759 / Low: 237.4133).

May Spread (Volatile) ±20.7064
November Spread (Stable) ±7.9626

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 13.8792 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.8792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 256.0713) against the same month in 2023 (average: 226.9749), the exchange rate shifted by +29.0964 (+12.82%).

2024 Avg (February) 256.0713
2023 Avg (February) 226.9749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 249.4560 232.9370 243.4449
February 264.3018 251.0724 256.0713
March 260.8224 246.4138 254.6273
April 259.0313 245.0827 250.2770
May 248.9597 228.2533 236.3977
June 246.8040 231.6142 239.0464
July 246.1651 231.8906 239.7713
August 243.3036 229.6864 236.6724
September 241.4525 226.2866 233.9591
October 242.0231 226.2881 236.3156
November 245.3759 237.4133 241.8543
December 248.9909 239.8413 243.3092