YEARLY HIGH
0.3958 CLP
YEARLY LOW
0.0761 CLP
YEARLY AVERAGE
0.3663 CLP

2024 SYP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3958. Conversely, the yearly low was recorded on December 22, dropping to 0.0761.

This high-to-low spread represents a total annual volatility of 0.3197 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3617 to the December average rate of 0.2785, the exchange rate registered a net change of -23.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3958 was up 5.01% compared to the 2023 peak of 0.3769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,979 CLP
2023 Average 1,672 CLP
Yearly Trough Low 380 CLP
Transaction Impact: A difference of 1,598.58 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3979
0.2677
JanuMarcMayJulySeptNove

SYP 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 0.3744, compared to 0.3583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.3744
H2 Avg (Jul–Dec) 0.3583

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3197 CLP (High: 0.3958 / Low: 0.0761). On the other end, November was the most stable month, with a tight range of 0.0137 CLP (High: 0.3927 / Low: 0.3791).

December Spread (Volatile) ±0.3197
November Spread (Stable) ±0.0137

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 November and December, when the average rate fell by 0.1085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2785) against the same month in 2023 (average: 0.3486), the exchange rate shifted by -0.0701 (-20.11%).

2024 Avg (December) 0.2785
2023 Avg (December) 0.3486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3702 0.3507 0.3617
February 0.3941 0.3720 0.3845
March 0.3941 0.3748 0.3849
April 0.3922 0.3744 0.3806
May 0.3824 0.3533 0.3649
June 0.3799 0.3586 0.3696
July 0.3808 0.3605 0.3721
August 0.3791 0.3609 0.3698
September 0.3780 0.3579 0.3687
October 0.3827 0.3599 0.3734
November 0.3927 0.3791 0.3870
December 0.3958 0.0761 0.2785