YEARLY HIGH
0.6489 SOS
YEARLY LOW
0.5740 SOS
YEARLY AVERAGE
0.6057 SOS

2024 CLP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6489. Conversely, the yearly low was recorded on December 30, dropping to 0.5740.

This high-to-low spread represents a total annual volatility of 0.0749 SOS. From a start-to-finish perspective, comparing the January average rate of 0.6287 to the December average rate of 0.5809, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6489 was down 10.82% compared to the 2023 peak of 0.7276, 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 648,871 SOS
2023 Average 679,260 SOS
Yearly Trough Low 573,969 SOS
Transaction Impact: A difference of 74,902.07 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6334
0.5761
JanuMarcMayJulySeptNove

CLP to SOS 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 0.6079, compared to 0.6034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.6079
H2 Avg (Jul–Dec) 0.6034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0508 SOS (High: 0.6446 / Low: 0.5938). On the other end, December was the most stable month, with a tight range of 0.0155 SOS (High: 0.5895 / Low: 0.5740).

May Spread (Volatile) ±0.0508
December Spread (Stable) ±0.0155

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 0.0368 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6287) against the same month in 2023 (average: 0.6911), the exchange rate shifted by -0.0625 (-9.04%).

2024 Avg (January) 0.6287
2023 Avg (January) 0.6911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6489 0.6135 0.6287
February 0.6110 0.5771 0.5919
March 0.6069 0.5772 0.5908
April 0.6074 0.5798 0.5975
May 0.6446 0.5938 0.6232
June 0.6339 0.5989 0.6154
July 0.6299 0.5975 0.6112
August 0.6300 0.5951 0.6141
September 0.6350 0.6017 0.6171
October 0.6315 0.5939 0.6095
November 0.6001 0.5792 0.5879
December 0.5895 0.5740 0.5809