2024 CLP to SBD Historical Review

YEARLY HIGH

0.0096 SBD

YEARLY LOW

0.0084 SBD

YEARLY AVERAGE

0.0089 SBD

2024 CLP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0096. Conversely, the yearly low was recorded on December 30, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0011 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0085, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0096 was down 9.73% compared to the 2023 peak of 0.0106, 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 9,575 SBD

2023 Average 9,955 SBD

Yearly Trough Low 8,425 SBD

Transaction Impact: A difference of 1,149.70 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0093

0.0084

JanuMarcMayJulySeptNove

CLP to SBD 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 0.0090, compared to 0.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0090

H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0007 SBD (High: 0.0096 / Low: 0.0088). On the other end, December was the most stable month, with a tight range of 0.0002 SBD (High: 0.0086 / Low: 0.0084).

May Spread (Volatile) ±0.0007

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0093) against the same month in 2023 (average: 0.0104), the exchange rate shifted by -0.0012 (-11.28%).

2024 Avg (May) 0.0093

2023 Avg (May) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0095	0.0090	0.0093
February	0.0090	0.0085	0.0088
March	0.0092	0.0086	0.0088
April	0.0090	0.0086	0.0089
May	0.0096	0.0088	0.0093
June	0.0094	0.0088	0.0091
July	0.0093	0.0088	0.0090
August	0.0093	0.0089	0.0091
September	0.0093	0.0088	0.0090
October	0.0092	0.0086	0.0089
November	0.0087	0.0085	0.0086
December	0.0086	0.0084	0.0085