YEARLY HIGH
273.0100 CLP
YEARLY LOW
241.5541 CLP
YEARLY AVERAGE
259.1523 CLP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,365,050 CLP
2023 Average 1,153,281 CLP
Yearly Trough Low 1,207,770 CLP
Transaction Impact: A difference of 157,279.48 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

272.0758
247.4222
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 258.2101
H2 Avg (Jul–Dec) 260.0946

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±20.6490
December Spread (Stable) ±7.0812

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 10.9213 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -10.9213

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 270.0214
2023 Avg (December) 240.3511

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