YEARLY HIGH
0.0162 SCR
YEARLY LOW
0.0136 SCR
YEARLY AVERAGE
0.0145 SCR

2024 CLP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0162. Conversely, the yearly low was recorded on December 2, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0027 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0144, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0162 was down 9.24% compared to the 2023 peak of 0.0179, 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 16,235 SCR
2023 Average 16,043 SCR
Yearly Trough Low 13,571 SCR
Transaction Impact: A difference of 2,663.77 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0150
0.0138
JanuMarcMayJulySeptNove

CLP to SCR 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 0.0145, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0023 SCR (High: 0.0162 / Low: 0.0139). On the other end, February was the most stable month, with a tight range of 0.0008 SCR (High: 0.0144 / Low: 0.0136).

October Spread (Volatile) ±0.0023
February Spread (Stable) ±0.0008

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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0146) against the same month in 2023 (average: 0.0144), the exchange rate shifted by +0.0003 (+1.75%).

2024 Avg (October) 0.0146
2023 Avg (October) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0141 0.0147
February 0.0144 0.0136 0.0139
March 0.0150 0.0138 0.0141
April 0.0150 0.0137 0.0142
May 0.0155 0.0144 0.0149
June 0.0158 0.0144 0.0149
July 0.0154 0.0143 0.0148
August 0.0158 0.0140 0.0148
September 0.0153 0.0140 0.0145
October 0.0162 0.0139 0.0146
November 0.0147 0.0138 0.0141
December 0.0154 0.0136 0.0144