YEARLY HIGH
0.0120 SEK
YEARLY LOW
0.0104 SEK
YEARLY AVERAGE
0.0112 SEK

2024 CLP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0120. Conversely, the yearly low was recorded on February 26, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0016 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0112, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0120 was down 12.55% compared to the 2023 peak of 0.0138, 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 12,033 SEK
2023 Average 12,654 SEK
Yearly Trough Low 10,383 SEK
Transaction Impact: A difference of 1,649.30 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0118
0.0107
JanuMarcMayJulySeptNove

CLP to SEK 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 0.0112, compared to 0.0112 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) 0.0112
H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0008 SEK (High: 0.0112 / Low: 0.0104). On the other end, December was the most stable month, with a tight range of 0.0003 SEK (High: 0.0113 / Low: 0.0111).

February Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0117) against the same month in 2023 (average: 0.0131), the exchange rate shifted by -0.0014 (-10.72%).

2024 Avg (May) 0.0117
2023 Avg (May) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0111 0.0114
February 0.0112 0.0104 0.0108
March 0.0110 0.0104 0.0108
April 0.0116 0.0110 0.0113
May 0.0120 0.0114 0.0117
June 0.0116 0.0111 0.0113
July 0.0118 0.0110 0.0114
August 0.0113 0.0110 0.0112
September 0.0113 0.0109 0.0110
October 0.0114 0.0110 0.0112
November 0.0114 0.0110 0.0112
December 0.0113 0.0111 0.0112