2024 QAR to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 273.0100. Conversely, the yearly low was recorded on January 1, dropping to 241.5541.
This high-to-low spread represents a total annual volatility of 31.4559 CLP. From a start-to-finish perspective, comparing the January average rate of 249.4767 to the December average rate of 270.0214, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 273.0100 was up 4.96% compared to the 2023 peak of 260.1117, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR 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 258.2101, compared to 260.0946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8845 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 20.6490 CLP (High: 263.7869 / Low: 243.1379). On the other end, December was the most stable month, with a tight range of 7.0812 CLP (High: 273.0100 / Low: 265.9288).
Growth Streaks & Declines
TrendsBetween 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 10.9213 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 270.0214) against the same month in 2023 (average: 240.3511), the exchange rate shifted by +29.6703 (+12.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 255.5288 | 241.5541 | 249.4767 |
| February | 271.9679 | 256.7103 | 265.1606 |
| March | 271.8597 | 258.5676 | 265.5766 |
| April | 270.6619 | 258.3480 | 262.5561 |
| May | 263.7869 | 243.1379 | 251.6348 |
| June | 261.6111 | 247.4153 | 254.8556 |
| July | 262.0848 | 248.7854 | 256.5479 |
| August | 263.3270 | 248.9904 | 255.3887 |
| September | 260.7978 | 246.9683 | 254.2881 |
| October | 264.0453 | 248.3285 | 257.3587 |
| November | 271.0287 | 261.5033 | 266.9626 |
| December | 273.0100 | 265.9288 | 270.0214 |