YEARLY HIGH
0.0099 SVC
YEARLY LOW
0.0088 SVC
YEARLY AVERAGE
0.0093 SVC

2024 CLP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0099. Conversely, the yearly low was recorded on December 30, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0011 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0089, the exchange rate registered a net change of -7.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0099 was down 11.29% compared to the 2023 peak of 0.0112, 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 9,935 SVC
2023 Average 10,436 SVC
Yearly Trough Low 8,788 SVC
Transaction Impact: A difference of 1,147.19 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0097
0.0088
JanuMarcMayJulySeptNove

CLP to SVC 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 0.0093, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0093
H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0008 SVC (High: 0.0099 / Low: 0.0091). On the other end, December was the most stable month, with a tight range of 0.0002 SVC (High: 0.0090 / Low: 0.0088).

May Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0002

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 (January 2024: 0.0096) against the same month in 2023 (average: 0.0106), the exchange rate shifted by -0.0010 (-9.46%).

2024 Avg (January) 0.0096
2023 Avg (January) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0094 0.0096
February 0.0093 0.0088 0.0091
March 0.0093 0.0088 0.0090
April 0.0093 0.0089 0.0091
May 0.0099 0.0091 0.0095
June 0.0097 0.0092 0.0094
July 0.0097 0.0091 0.0094
August 0.0097 0.0091 0.0094
September 0.0097 0.0092 0.0095
October 0.0097 0.0091 0.0093
November 0.0092 0.0089 0.0090
December 0.0090 0.0088 0.0089