2024 TOP to CLP Historical Review

YEARLY HIGH

419.6652 CLP

YEARLY LOW

376.4521 CLP

YEARLY AVERAGE

398.4789 CLP

2024 TOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 419.6652. Conversely, the yearly low was recorded on January 3, dropping to 376.4521.

This high-to-low spread represents a total annual volatility of 43.2132 CLP. From a start-to-finish perspective, comparing the January average rate of 385.8472 to the December average rate of 410.7847, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 419.6652 was up 6.38% compared to the 2023 peak of 394.5094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,098,326 CLP

2023 Average 1,778,355 CLP

Yearly Trough Low 1,882,260 CLP

Transaction Impact: A difference of 216,065.95 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

413.2784

383.3535

JanuMarcMayJulySeptNove

TOP 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 397.3486, compared to 399.6091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2605 points.

H1 Avg (Jan–Jun) 397.3486

H2 Avg (Jul–Dec) 399.6091

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 25.7345 CLP (High: 402.3072 / Low: 376.5726). On the other end, December was the most stable month, with a tight range of 10.0962 CLP (High: 415.5511 / Low: 405.4548).

May Spread (Volatile) ±25.7345

December Spread (Stable) ±10.0962

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 14.0527 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.0527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 408.0403) against the same month in 2023 (average: 342.7009), the exchange rate shifted by +65.3394 (+19.07%).

2024 Avg (February) 408.0403

2023 Avg (February) 342.7009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	393.6518	376.4521	385.8472
February	419.6652	395.4827	408.0403
March	417.4415	398.4464	408.3476
April	413.3430	390.6723	401.1274
May	402.3072	376.5726	387.0748
June	403.7737	381.4994	393.6541
July	401.1562	384.4269	395.0553
August	400.2495	386.2515	393.0256
September	403.5559	384.9035	395.0356
October	403.7463	387.4995	397.0437
November	413.2135	400.1853	406.7097
December	415.5511	405.4548	410.7847