2024 TRY to CLP Historical Review

YEARLY HIGH

31.8054 CLP

YEARLY LOW

26.3199 CLP

YEARLY AVERAGE

28.7533 CLP

2024 TRY to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 31.8054. Conversely, the yearly low was recorded on September 28, dropping to 26.3199.

This high-to-low spread represents a total annual volatility of 5.4854 CLP. From a start-to-finish perspective, comparing the January average rate of 30.2019 to the December average rate of 28.1008, the exchange rate registered a net change of -6.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.8054 was down 30.88% compared to the 2023 peak of 46.0163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,590,269 CLP

2023 Average 1,807,915 CLP

Yearly Trough Low 1,315,997 CLP

Transaction Impact: A difference of 274,271.56 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.7763

26.7761

JanuMarcMayJulySeptNove

TRY 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 29.6962, compared to 27.8105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8857 points.

H1 Avg (Jan–Jun) 29.6962

H2 Avg (Jul–Dec) 27.8105

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.0514 CLP (High: 28.6763 / Low: 26.6249). On the other end, December was the most stable month, with a tight range of 0.4952 CLP (High: 28.3680 / Low: 27.8728).

August Spread (Volatile) ±2.0514

December Spread (Stable) ±0.4952

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 1.1911 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 31.3596) against the same month in 2023 (average: 42.4937), the exchange rate shifted by -11.1341 (-26.20%).

2024 Avg (February) 31.3596

2023 Avg (February) 42.4937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7022	29.5750	30.2019
February	31.8054	30.6941	31.3596
March	31.1314	29.1302	30.1685
April	30.5395	29.0812	29.5535
May	29.5854	27.5505	28.4082
June	29.0225	27.8532	28.4853
July	29.1164	27.4094	28.3973
August	28.6763	26.6249	27.5788
September	27.8948	26.3199	27.1928
October	28.0425	26.4466	27.3799
November	28.6541	27.7219	28.2132
December	28.3680	27.8728	28.1008