YEARLY HIGH
0.4366 CLP
YEARLY LOW
0.3533 CLP
YEARLY AVERAGE
0.3848 CLP

2021 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.4366. Conversely, the yearly low was recorded on May 10, dropping to 0.3533.

This high-to-low spread represents a total annual volatility of 0.0834 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3717 to the December average rate of 0.4253, the exchange rate registered a net change of 14.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4366 was down 4.87% compared to the 2020 peak of 0.4590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,183 CLP
2020 Average 2,070 CLP
Yearly Trough Low 1,766 CLP
Transaction Impact: A difference of 416.91 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4317
0.3553
JanuMarcMayJulySeptNove

BIF 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 0.3677, compared to 0.4019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0342 points.

H1 Avg (Jan–Jun) 0.3677
H2 Avg (Jul–Dec) 0.4019

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0256 CLP (High: 0.4235 / Low: 0.3978). On the other end, October was the most stable month, with a tight range of 0.0131 CLP (High: 0.4155 / Low: 0.4024).

November Spread (Volatile) ±0.0256
October Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0085 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4253) against the same month in 2020 (average: 0.3760), the exchange rate shifted by +0.0493 (+13.11%).

2021 Avg (December) 0.4253
2020 Avg (December) 0.3760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3793 0.3580 0.3717
February 0.3789 0.3594 0.3703
March 0.3771 0.3631 0.3713
April 0.3709 0.3561 0.3628
May 0.3718 0.3533 0.3617
June 0.3781 0.3625 0.3685
July 0.3872 0.3716 0.3797
August 0.3983 0.3818 0.3937
September 0.4076 0.3865 0.3950
October 0.4155 0.4024 0.4089
November 0.4235 0.3978 0.4089
December 0.4366 0.4200 0.4253