YEARLY HIGH
11.2311 CLP
YEARLY LOW
8.6649 CLP
YEARLY AVERAGE
10.1912 CLP

2024 RUB to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 11.2311. Conversely, the yearly low was recorded on November 27, dropping to 8.6649.

This high-to-low spread represents a total annual volatility of 2.5662 CLP. From a start-to-finish perspective, comparing the January average rate of 10.1758 to the December average rate of 9.4846, the exchange rate registered a net change of -6.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.2311 was down 9.60% compared to the 2023 peak of 12.4244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,155 CLP
2023 Average 49,523 CLP
Yearly Trough Low 43,324 CLP
Transaction Impact: A difference of 12,830.93 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.8287
9.3624
JanuMarcMayJulySeptNove

RUB 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 10.3516, compared to 10.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3209 points.

H1 Avg (Jan–Jun) 10.3516
H2 Avg (Jul–Dec) 10.0307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.4307 CLP (High: 10.0956 / Low: 8.6649). On the other end, February was the most stable month, with a tight range of 0.3957 CLP (High: 10.7228 / Low: 10.3271).

November Spread (Volatile) ±1.4307
February Spread (Stable) ±0.3957

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 10.5404) against the same month in 2023 (average: 9.5743), the exchange rate shifted by +0.9661 (+10.09%).

2024 Avg (June) 10.5404
2023 Avg (June) 9.5743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4737 9.5770 10.1758
February 10.7228 10.3271 10.5201
March 10.9109 10.1785 10.5294
April 10.6432 10.1274 10.2843
May 10.2995 9.7857 10.0595
June 11.2311 10.0856 10.5404
July 11.1431 10.2859 10.7065
August 11.2208 9.8573 10.4529
September 10.7812 9.5427 10.1509
October 10.0184 9.4338 9.7440
November 10.0956 8.6649 9.6453
December 9.9192 8.7452 9.4846