2011 BIF to CLP Historical Review

YEARLY HIGH

0.4380 CLP

YEARLY LOW

0.3716 CLP

YEARLY AVERAGE

0.4002 CLP

2011 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.4380. Conversely, the yearly low was recorded on August 2, dropping to 0.3716.

This high-to-low spread represents a total annual volatility of 0.0664 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4309 to the December average rate of 0.4012, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4380 was down 9.71% compared to the 2010 peak of 0.4851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,190 CLP

2010 Average 2,247 CLP

Yearly Trough Low 1,858 CLP

Transaction Impact: A difference of 332.06 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4363

0.3716

JanuMarcMayJulySeptNove

BIF 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 0.4039, compared to 0.3965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.4039

H2 Avg (Jul–Dec) 0.3965

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0511 CLP (High: 0.4257 / Low: 0.3747). On the other end, July was the most stable month, with a tight range of 0.0085 CLP (High: 0.3812 / Low: 0.3727).

September Spread (Volatile) ±0.0511

July Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0346 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4309) against the same month in 2010 (average: 0.4407), the exchange rate shifted by -0.0098 (-2.23%).

2011 Avg (January) 0.4309

2010 Avg (January) 0.4407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4380	0.4113	0.4309
February	0.4240	0.4114	0.4178
March	0.4278	0.4163	0.4221
April	0.4207	0.3747	0.3875
May	0.3874	0.3755	0.3818
June	0.3883	0.3791	0.3833
July	0.3812	0.3727	0.3770
August	0.3861	0.3716	0.3806
September	0.4257	0.3747	0.3951
October	0.4330	0.3978	0.4140
November	0.4273	0.3960	0.4112
December	0.4185	0.3880	0.4012