YEARLY HIGH
0.5555 CLP
YEARLY LOW
0.4134 CLP
YEARLY AVERAGE
0.4749 CLP

2021 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.5555. Conversely, the yearly low was recorded on October 7, dropping to 0.4134.

This high-to-low spread represents a total annual volatility of 0.1421 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5438 to the December average rate of 0.4772, the exchange rate registered a net change of -12.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5555 was down 11.02% compared to the 2020 peak of 0.6243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,778 CLP
2020 Average 2,881 CLP
Yearly Trough Low 2,067 CLP
Transaction Impact: A difference of 710.44 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5550
0.4205
JanuMarcMayJulySeptNove

MMK 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 0.4928, compared to 0.4570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 0.4928
H2 Avg (Jul–Dec) 0.4570

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0651 CLP (High: 0.5122 / Low: 0.4471). On the other end, March was the most stable month, with a tight range of 0.0167 CLP (High: 0.5221 / Low: 0.5054).

April Spread (Volatile) ±0.0651
March Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0474 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5438) against the same month in 2020 (average: 0.5269), the exchange rate shifted by +0.0169 (+3.21%).

2021 Avg (January) 0.5438
2020 Avg (January) 0.5269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5555 0.5264 0.5438
February 0.5530 0.4972 0.5158
March 0.5221 0.5054 0.5149
April 0.5122 0.4471 0.4934
May 0.4594 0.4328 0.4460
June 0.4548 0.4353 0.4430
July 0.4665 0.4468 0.4573
August 0.4799 0.4597 0.4745
September 0.4810 0.4225 0.4455
October 0.4531 0.4134 0.4317
November 0.4712 0.4333 0.4558
December 0.4908 0.4684 0.4772