YEARLY HIGH
0.6821 SDG
YEARLY LOW
0.5938 SDG
YEARLY AVERAGE
0.6340 SDG

2024 CLP to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6821. Conversely, the yearly low was recorded on May 1, dropping to 0.5938.

This high-to-low spread represents a total annual volatility of 0.0884 SDG. From a start-to-finish perspective, comparing the January average rate of 0.6614 to the December average rate of 0.6115, the exchange rate registered a net change of -7.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6821 was down 10.67% compared to the 2023 peak of 0.7636, 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 682,122 SDG
2023 Average 711,397 SDG
Yearly Trough Low 593,765 SDG
Transaction Impact: A difference of 88,356.49 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6664
0.6066
JanuMarcMayJulySeptNove

CLP to SDG 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 0.6339, compared to 0.6341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.6339
H2 Avg (Jul–Dec) 0.6341

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0833 SDG (High: 0.6771 / Low: 0.5938). On the other end, December was the most stable month, with a tight range of 0.0151 SDG (High: 0.6195 / Low: 0.6045).

May Spread (Volatile) ±0.0833
December Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between July and September, 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 0.0393 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6614) against the same month in 2023 (average: 0.7011), the exchange rate shifted by -0.0397 (-5.66%).

2024 Avg (January) 0.6614
2023 Avg (January) 0.7011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6821 0.6461 0.6614
February 0.6431 0.6070 0.6221
March 0.6252 0.5960 0.6140
April 0.6229 0.5977 0.6133
May 0.6771 0.5938 0.6537
June 0.6547 0.6270 0.6391
July 0.6634 0.6125 0.6364
August 0.6633 0.6316 0.6475
September 0.6690 0.6333 0.6495
October 0.6652 0.6256 0.6414
November 0.6316 0.6096 0.6186
December 0.6195 0.6045 0.6115