2024 CLP to SAR Historical Review

YEARLY HIGH

0.0043 SAR

YEARLY LOW

0.0038 SAR

YEARLY AVERAGE

0.0040 SAR

2024 CLP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0043. Conversely, the yearly low was recorded on December 30, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0005 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0038, the exchange rate registered a net change of -7.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0043 was down 11.38% compared to the 2023 peak of 0.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 4,257 SAR

2023 Average 4,476 SAR

Yearly Trough Low 3,775 SAR

Transaction Impact: A difference of 481.14 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0042

0.0038

JanuMarcMayJulySeptNove

CLP to SAR 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 0.0040, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 SAR (High: 0.0042 / Low: 0.0039). On the other end, December was the most stable month, with a tight range of 0.0001 SAR (High: 0.0039 / Low: 0.0038).

May Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0041) against the same month in 2023 (average: 0.0046), the exchange rate shifted by -0.0004 (-9.59%).

2024 Avg (January) 0.0041

2023 Avg (January) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0043	0.0040	0.0041
February	0.0040	0.0038	0.0039
March	0.0040	0.0038	0.0039
April	0.0040	0.0038	0.0039
May	0.0042	0.0039	0.0041
June	0.0042	0.0039	0.0040
July	0.0041	0.0039	0.0040
August	0.0041	0.0039	0.0040
September	0.0042	0.0040	0.0041
October	0.0041	0.0039	0.0040
November	0.0039	0.0038	0.0039
December	0.0039	0.0038	0.0038