YEARLY HIGH
250.9292 CLP
YEARLY LOW
191.6941 CLP
YEARLY AVERAGE
237.1065 CLP

2024 PLN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 250.9292. Conversely, the yearly low was recorded on January 1, dropping to 191.6941.

This high-to-low spread represents a total annual volatility of 59.2351 CLP. From a start-to-finish perspective, comparing the January average rate of 226.2805 to the December average rate of 241.2634, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 250.9292 was up 10.13% compared to the 2023 peak of 227.8486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 5,018,583 CLP
2023 Average 4,010,287 CLP
Yearly Trough Low 3,833,881 CLP
Transaction Impact: A difference of 1,184,702.28 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

245.8261
224.5036
JanuMarcMayJulySeptNove

PLN 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 235.3992, compared to 238.8139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4147 points.

H1 Avg (Jan–Jun) 235.3992
H2 Avg (Jul–Dec) 238.8139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 40.4326 CLP (High: 232.1267 / Low: 191.6941). On the other end, December was the most stable month, with a tight range of 4.9459 CLP (High: 243.1231 / Low: 238.1772).

January Spread (Volatile) ±40.4326
December Spread (Stable) ±4.9459

Growth Streaks & Declines

Trends

Between June and September, 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 6.8697 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.8697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 244.0492) against the same month in 2023 (average: 184.3038), the exchange rate shifted by +59.7454 (+32.42%).

2024 Avg (March) 244.0492
2023 Avg (March) 184.3038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 232.1267 191.6941 226.2805
February 249.2056 234.4852 241.1460
March 250.9292 238.2812 244.0492
April 246.3619 234.2648 238.2659
May 238.0751 226.6399 231.3962
June 237.0325 226.1465 231.2573
July 241.4019 231.7590 236.9809
August 243.0697 235.0860 238.7513
September 244.7694 234.2343 240.6051
October 240.6927 233.2951 236.7654
November 240.5993 234.3044 238.5171
December 243.1231 238.1772 241.2634