2014 CLP to ARS Historical Review

YEARLY HIGH

0.0148 ARS

YEARLY LOW

0.0124 ARS

YEARLY AVERAGE

0.0142 ARS

2014 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0148. Conversely, the yearly low was recorded on January 2, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0025 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0139, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0148 was up 19.44% compared to the 2013 peak of 0.0124, 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 14,824 ARS

2013 Average 11,042 ARS

Yearly Trough Low 12,369 ARS

Transaction Impact: A difference of 2,455.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0149

0.0128

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 0.0141, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0022 ARS (High: 0.0146 / Low: 0.0124). On the other end, June was the most stable month, with a tight range of 0.0002 ARS (High: 0.0148 / Low: 0.0145).

January Spread (Volatile) ±0.0022

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.0146) against the same month in 2013 (average: 0.0108), the exchange rate shifted by +0.0038 (+35.69%).

2014 Avg (July) 0.0146

2013 Avg (July) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0146	0.0124	0.0130
February	0.0145	0.0140	0.0142
March	0.0146	0.0137	0.0141
April	0.0147	0.0142	0.0144
May	0.0147	0.0141	0.0145
June	0.0148	0.0145	0.0147
July	0.0148	0.0143	0.0146
August	0.0144	0.0142	0.0143
September	0.0143	0.0140	0.0142
October	0.0147	0.0141	0.0144
November	0.0148	0.0140	0.0143
December	0.0141	0.0138	0.0139