YEARLY HIGH
503.1487 CLP
YEARLY LOW
427.4786 CLP
YEARLY AVERAGE
459.1809 CLP

2021 BGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 503.1487. Conversely, the yearly low was recorded on April 15, dropping to 427.4786.

This high-to-low spread represents a total annual volatility of 75.6701 CLP. From a start-to-finish perspective, comparing the January average rate of 450.2673 to the December average rate of 490.9016, the exchange rate registered a net change of 9.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 503.1487 was up 2.61% compared to the 2020 peak of 490.3737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,515,743 CLP
2020 Average 2,308,792 CLP
Yearly Trough Low 2,137,393 CLP
Transaction Impact: A difference of 378,350.58 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

496.6580
427.5815
JanuMarcMayJulySeptNove

BGN 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 443.7984, compared to 474.5635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.7650 points.

H1 Avg (Jan–Jun) 443.7984
H2 Avg (Jul–Dec) 474.5635

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 28.4761 CLP (High: 459.7912 / Low: 431.3151). On the other end, June was the most stable month, with a tight range of 12.6840 CLP (High: 455.4753 / Low: 442.7913).

May Spread (Volatile) ±28.4761
June Spread (Stable) ±12.6840

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.1667 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -8.1667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 490.9016) against the same month in 2020 (average: 454.5024), the exchange rate shifted by +36.3992 (+8.01%).

2021 Avg (December) 490.9016
2020 Avg (December) 454.5024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 458.7741 437.4777 450.2673
February 455.5473 435.4679 446.7913
March 450.4300 431.3532 441.5046
April 441.2572 427.4786 433.3379
May 459.7912 431.3151 442.2333
June 455.4753 442.7913 448.6560
July 464.5263 446.2006 454.9650
August 474.0902 458.8772 469.9764
September 483.1001 465.8038 473.0380
October 489.7548 476.2359 483.1214
November 487.1695 463.8468 475.3782
December 503.1487 482.4513 490.9016