2020 ARS to CLP Historical Review

YEARLY HIGH

13.7260 CLP

YEARLY LOW

8.4508 CLP

YEARLY AVERAGE

11.3716 CLP

2020 ARS to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 13.7260. Conversely, the yearly low was recorded on December 31, dropping to 8.4508.

This high-to-low spread represents a total annual volatility of 5.2752 CLP. From a start-to-finish perspective, comparing the January average rate of 12.9118 to the December average rate of 8.8491, the exchange rate registered a net change of -31.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.7260 was down 25.91% compared to the 2019 peak of 18.5264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,630 CLP

2019 Average 74,621 CLP

Yearly Trough Low 42,254 CLP

Transaction Impact: A difference of 26,375.93 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.7644

8.4023

JanuMarcMayJulySeptNove

ARS 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 12.6482, compared to 10.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5532 points.

H1 Avg (Jan–Jun) 12.6482

H2 Avg (Jul–Dec) 10.0950

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 1.0128 CLP (High: 11.4678 / Low: 10.4551). On the other end, September was the most stable month, with a tight range of 0.3273 CLP (High: 10.4350 / Low: 10.1077).

July Spread (Volatile) ±1.0128

September Spread (Stable) ±0.3273

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 April and May, when the average rate fell by 0.8740 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 13.3176) against the same month in 2019 (average: 16.2563), the exchange rate shifted by -2.9387 (-18.08%).

2020 Avg (March) 13.3176

2019 Avg (March) 16.2563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2789	12.3583	12.9118
February	13.2789	12.8318	13.0269
March	13.7260	12.9209	13.3176
April	13.4396	12.4961	13.0178
May	12.6619	11.6754	12.1439
June	11.7325	11.1209	11.4712
July	11.4678	10.4551	10.9889
August	11.0579	10.4551	10.7275
September	10.4350	10.1077	10.2950
October	10.3802	9.8610	10.1590
November	9.8659	9.3705	9.5505
December	9.3325	8.4508	8.8491