YEARLY HIGH
0.7741 CLP
YEARLY LOW
0.6699 CLP
YEARLY AVERAGE
0.7168 CLP

2024 RWF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.7741. Conversely, the yearly low was recorded on September 29, dropping to 0.6699.

This high-to-low spread represents a total annual volatility of 0.1042 CLP. From a start-to-finish perspective, comparing the January average rate of 0.7153 to the December average rate of 0.7111, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7741 was down 3.96% compared to the 2023 peak of 0.8060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,870 CLP
2023 Average 3,629 CLP
Yearly Trough Low 3,349 CLP
Transaction Impact: A difference of 521.05 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7642
0.6830
JanuMarcMayJulySeptNove

RWF 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 0.7306, compared to 0.7030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.7306
H2 Avg (Jul–Dec) 0.7030

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0579 CLP (High: 0.7437 / Low: 0.6858). On the other end, November was the most stable month, with a tight range of 0.0254 CLP (High: 0.7231 / Low: 0.6977).

May Spread (Volatile) ±0.0579
November Spread (Stable) ±0.0254

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 0.0352 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.7534) against the same month in 2023 (average: 0.7383), the exchange rate shifted by +0.0152 (+2.06%).

2024 Avg (March) 0.7534
2023 Avg (March) 0.7383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7336 0.6987 0.7153
February 0.7692 0.7330 0.7574
March 0.7741 0.7321 0.7534
April 0.7658 0.7298 0.7416
May 0.7437 0.6858 0.7063
June 0.7309 0.6937 0.7098
July 0.7239 0.6919 0.7119
August 0.7274 0.6799 0.7020
September 0.7109 0.6699 0.6898
October 0.7068 0.6755 0.6932
November 0.7231 0.6977 0.7102
December 0.7352 0.6964 0.7111