2024 SEK to CLP Historical Review

YEARLY HIGH

96.3080 CLP

YEARLY LOW

83.1072 CLP

YEARLY AVERAGE

89.2913 CLP

2024 SEK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 96.3080. Conversely, the yearly low was recorded on May 21, dropping to 83.1072.

This high-to-low spread represents a total annual volatility of 13.2008 CLP. From a start-to-finish perspective, comparing the January average rate of 87.8462 to the December average rate of 89.4628, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 96.3080 was up 7.82% compared to the 2023 peak of 89.3212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 481,540 CLP

2023 Average 395,956 CLP

Yearly Trough Low 415,536 CLP

Transaction Impact: A difference of 66,004.12 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

93.5146

84.5379

JanuMarcMayJulySeptNove

SEK to CLP 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 89.2061, compared to 89.3765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1705 points.

H1 Avg (Jan–Jun) 89.2061

H2 Avg (Jul–Dec) 89.3765

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 6.6811 CLP (High: 96.3080 / Low: 89.6270). On the other end, December was the most stable month, with a tight range of 2.0010 CLP (High: 90.4137 / Low: 88.4128).

February Spread (Volatile) ±6.6811

December Spread (Stable) ±2.0010

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 4.3846 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.3846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 92.5917) against the same month in 2023 (average: 76.6043), the exchange rate shifted by +15.9875 (+20.87%).

2024 Avg (February) 92.5917

2023 Avg (February) 76.6043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89.6966	85.6719	87.8462
February	96.3080	89.6270	92.5917
March	96.2309	90.8469	92.7666
April	91.2116	86.2630	88.3819
May	87.9732	83.1072	85.2860
June	90.2426	86.5423	88.3639
July	90.5813	84.9752	87.9234
August	90.7289	88.3813	89.3991
September	92.0304	88.6590	90.6150
October	90.6245	87.9804	89.5362
November	90.6662	87.8393	89.3227
December	90.4137	88.4128	89.4628