YEARLY HIGH
0.0416 SRD
YEARLY LOW
0.0301 SRD
YEARLY AVERAGE
0.0351 SRD

2024 CLP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0416. Conversely, the yearly low was recorded on August 5, dropping to 0.0301.

This high-to-low spread represents a total annual volatility of 0.0115 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0358, the exchange rate registered a net change of -11.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0416 was down 13.51% compared to the 2023 peak of 0.0481, 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 41,605 SRD
2023 Average 43,625 SRD
Yearly Trough Low 30,119 SRD
Transaction Impact: A difference of 11,486.16 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0413
0.0301
JanuMarcMayJulySeptNove

CLP to SRD 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 0.0366, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0366
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0037 SRD (High: 0.0358 / Low: 0.0321). On the other end, November was the most stable month, with a tight range of 0.0010 SRD (High: 0.0367 / Low: 0.0356).

June Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, 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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0404) against the same month in 2023 (average: 0.0387), the exchange rate shifted by +0.0017 (+4.41%).

2024 Avg (January) 0.0404
2023 Avg (January) 0.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0416 0.0392 0.0404
February 0.0393 0.0357 0.0374
March 0.0375 0.0356 0.0364
April 0.0370 0.0353 0.0362
May 0.0367 0.0350 0.0356
June 0.0358 0.0321 0.0338
July 0.0328 0.0302 0.0318
August 0.0318 0.0301 0.0310
September 0.0341 0.0306 0.0321
October 0.0360 0.0333 0.0347
November 0.0367 0.0356 0.0362
December 0.0364 0.0353 0.0358