2013 CLP to ARS Historical Review

YEARLY HIGH

0.0124 ARS

YEARLY LOW

0.0103 ARS

YEARLY AVERAGE

0.0110 ARS

2013 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0124. Conversely, the yearly low was recorded on January 1, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0022 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0120, the exchange rate registered a net change of 14.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0124 was up 20.41% compared to the 2012 peak of 0.0103, 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 12,411 ARS

2012 Average 9,358 ARS

Yearly Trough Low 10,259 ARS

Transaction Impact: A difference of 2,152.60 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0121

0.0103

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 0.0107, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0107

H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0009 ARS (High: 0.0124 / Low: 0.0115). On the other end, February was the most stable month, with a tight range of 0.0001 ARS (High: 0.0107 / Low: 0.0105).

December Spread (Volatile) ±0.0009

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0120) against the same month in 2012 (average: 0.0102), the exchange rate shifted by +0.0018 (+17.25%).

2013 Avg (December) 0.0120

2012 Avg (December) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0103	0.0105
February	0.0107	0.0105	0.0106
March	0.0109	0.0106	0.0108
April	0.0110	0.0108	0.0109
May	0.0111	0.0106	0.0109
June	0.0108	0.0104	0.0106
July	0.0109	0.0106	0.0108
August	0.0111	0.0107	0.0109
September	0.0116	0.0111	0.0114
October	0.0118	0.0115	0.0117
November	0.0117	0.0115	0.0116
December	0.0124	0.0115	0.0120