2024 SGD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SGD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SGD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 739.7079. Conversely, the yearly low was recorded on May 20, dropping to 658.7281.
This high-to-low spread represents a total annual volatility of 80.9798 CLP. From a start-to-finish perspective, comparing the January average rate of 680.3534 to the December average rate of 728.0301, the exchange rate registered a net change of 7.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 739.7079 was up 6.90% compared to the 2023 peak of 691.9578, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SGD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 698.2475, compared to 714.5667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.3192 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 47.4821 CLP (High: 706.2102 / Low: 658.7281). On the other end, December was the most stable month, with a tight range of 8.4450 CLP (High: 731.9619 / Low: 723.5169).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 25.9500 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 721.0155) against the same month in 2023 (average: 602.2602), the exchange rate shifted by +118.7552 (+19.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 694.5242 | 663.2474 | 680.3534 |
| February | 736.5000 | 699.1692 | 718.2630 |
| March | 739.7079 | 703.8471 | 721.0155 |
| April | 728.4743 | 693.5753 | 704.5967 |
| May | 706.2102 | 658.7281 | 678.6467 |
| June | 702.9133 | 669.5858 | 686.6100 |
| July | 712.3919 | 675.2311 | 694.6674 |
| August | 718.5899 | 695.5707 | 706.3473 |
| September | 728.2715 | 699.8649 | 714.9257 |
| October | 728.6231 | 701.9002 | 715.6992 |
| November | 735.8620 | 721.2097 | 727.7303 |
| December | 731.9619 | 723.5169 | 728.0301 |