2024 RON to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 217.0937. Conversely, the yearly low was recorded on January 3, dropping to 193.6385.
This high-to-low spread represents a total annual volatility of 23.4552 CLP. From a start-to-finish perspective, comparing the January average rate of 199.2999 to the December average rate of 207.0527, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 217.0937 was up 7.84% compared to the 2023 peak of 201.3046, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON 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 204.4133, compared to 206.1124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6992 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 13.1371 CLP (High: 206.9255 / Low: 193.7885). On the other end, December was the most stable month, with a tight range of 2.6392 CLP (High: 208.1389 / Low: 205.4997).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.9413 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 211.4429) against the same month in 2023 (average: 175.5133), the exchange rate shifted by +35.9296 (+20.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 202.7313 | 193.6385 | 199.2999 |
| February | 216.0939 | 204.4182 | 209.6263 |
| March | 217.0937 | 206.1507 | 211.4429 |
| April | 212.9524 | 203.2043 | 206.1357 |
| May | 206.9255 | 193.7885 | 199.1944 |
| June | 205.3895 | 197.4837 | 200.7804 |
| July | 208.1198 | 198.7821 | 204.0050 |
| August | 209.5724 | 202.3530 | 205.7762 |
| September | 211.0050 | 201.6250 | 206.8446 |
| October | 210.3701 | 201.0696 | 205.4228 |
| November | 210.2037 | 204.5725 | 207.5734 |
| December | 208.1389 | 205.4997 | 207.0527 |