2014 BIF to CLP Historical Review

YEARLY HIGH

0.3963 CLP

YEARLY LOW

0.3403 CLP

YEARLY AVERAGE

0.3675 CLP

2014 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3963. Conversely, the yearly low was recorded on January 1, dropping to 0.3403.

This high-to-low spread represents a total annual volatility of 0.0560 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3472 to the December average rate of 0.3914, the exchange rate registered a net change of 12.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3963 was up 14.75% compared to the 2013 peak of 0.3454, 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 1,981 CLP

2013 Average 1,599 CLP

Yearly Trough Low 1,701 CLP

Transaction Impact: A difference of 279.97 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3958

0.3428

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 0.3571, compared to 0.3778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.3571

H2 Avg (Jul–Dec) 0.3778

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0209 CLP (High: 0.3895 / Low: 0.3686). On the other end, June was the most stable month, with a tight range of 0.0079 CLP (High: 0.3617 / Low: 0.3538).

October Spread (Volatile) ±0.0209

June Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3914) against the same month in 2013 (average: 0.3418), the exchange rate shifted by +0.0496 (+14.50%).

2014 Avg (December) 0.3914

2013 Avg (December) 0.3418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3577	0.3403	0.3472
February	0.3609	0.3525	0.3571
March	0.3704	0.3540	0.3628
April	0.3650	0.3528	0.3585
May	0.3660	0.3534	0.3592
June	0.3617	0.3538	0.3578
July	0.3712	0.3530	0.3607
August	0.3835	0.3701	0.3741
September	0.3881	0.3794	0.3835
October	0.3895	0.3686	0.3776
November	0.3889	0.3702	0.3799
December	0.3963	0.3855	0.3914