2012 CLP to ARS Historical Review

YEARLY HIGH

0.0103 ARS

YEARLY LOW

0.0083 ARS

YEARLY AVERAGE

0.0094 ARS

2012 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0103. Conversely, the yearly low was recorded on January 1, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0020 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0102, the exchange rate registered a net change of 18.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0103 was up 12.97% compared to the 2011 peak of 0.0091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 10,307 ARS

2011 Average 8,546 ARS

Yearly Trough Low 8,273 ARS

Transaction Impact: A difference of 2,034.44 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0104

0.0085

JanuMarcMayJulySeptNove

CLP to ARS 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 0.0089, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0089

H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0006 ARS (High: 0.0089 / Low: 0.0083). On the other end, April was the most stable month, with a tight range of 0.0002 ARS (High: 0.0091 / Low: 0.0090).

January Spread (Volatile) ±0.0006

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0102) against the same month in 2011 (average: 0.0083), the exchange rate shifted by +0.0019 (+23.19%).

2012 Avg (December) 0.0102

2011 Avg (December) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0083	0.0086
February	0.0091	0.0089	0.0090
March	0.0091	0.0088	0.0090
April	0.0091	0.0090	0.0090
May	0.0092	0.0086	0.0089
June	0.0090	0.0086	0.0089
July	0.0095	0.0090	0.0093
August	0.0097	0.0094	0.0096
September	0.0100	0.0096	0.0098
October	0.0100	0.0098	0.0099
November	0.0101	0.0099	0.0100
December	0.0103	0.0101	0.0102