YEARLY HIGH
33.2019 CLP
YEARLY LOW
24.0356 CLP
YEARLY AVERAGE
28.6447 CLP

2024 SRD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 33.2019. Conversely, the yearly low was recorded on January 1, dropping to 24.0356.

This high-to-low spread represents a total annual volatility of 9.1663 CLP. From a start-to-finish perspective, comparing the January average rate of 24.7732 to the December average rate of 27.9304, the exchange rate registered a net change of 12.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.2019 was up 21.73% compared to the 2023 peak of 27.2759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,010 CLP
2023 Average 115,043 CLP
Yearly Trough Low 120,178 CLP
Transaction Impact: A difference of 45,831.48 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.0194
24.0235
JanuMarcMayJulySeptNove

SRD 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 27.3878, compared to 29.9016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5138 points.

H1 Avg (Jan–Jun) 27.3878
H2 Avg (Jul–Dec) 29.9016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 3.4003 CLP (High: 32.6881 / Low: 29.2878). On the other end, November was the most stable month, with a tight range of 0.7759 CLP (High: 28.0601 / Low: 27.2842).

September Spread (Volatile) ±3.4003
November Spread (Stable) ±0.7759

Growth Streaks & Declines

Trends

Between January and August, 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 September and October, when the average rate fell by 2.3398 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -2.3398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 32.2697) against the same month in 2023 (average: 22.3852), the exchange rate shifted by +9.8845 (+44.16%).

2024 Avg (August) 32.2697
2023 Avg (August) 22.3852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.4825 24.0356 24.7732
February 28.0247 25.4449 26.7310
March 28.1293 26.6576 27.4533
April 28.3605 26.9996 27.6314
May 28.5587 27.2547 28.1055
June 31.1736 27.9483 29.6323
July 33.1610 30.4890 31.4981
August 33.2019 31.4953 32.2697
September 32.6881 29.2878 31.2069
October 30.0297 27.7436 28.8672
November 28.0601 27.2842 27.6372
December 28.3099 27.4619 27.9304