2016 CLP to ARS Historical Review

YEARLY HIGH

0.0247 ARS

YEARLY LOW

0.0181 ARS

YEARLY AVERAGE

0.0218 ARS

2016 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0247. Conversely, the yearly low was recorded on January 17, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0065 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0238, the exchange rate registered a net change of 26.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0247 was up 30.82% compared to the 2015 peak of 0.0188, 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 24,655 ARS

2015 Average 14,160 ARS

Yearly Trough Low 18,129 ARS

Transaction Impact: A difference of 6,526.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0242

0.0183

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 0.0208, compared to 0.0229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0229

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0029 ARS (High: 0.0227 / Low: 0.0197). On the other end, November was the most stable month, with a tight range of 0.0006 ARS (High: 0.0234 / Low: 0.0228).

February Spread (Volatile) ±0.0029

November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0238) against the same month in 2015 (average: 0.0161), the exchange rate shifted by +0.0076 (+47.38%).

2016 Avg (December) 0.0238

2015 Avg (December) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0195	0.0181	0.0188
February	0.0227	0.0197	0.0211
March	0.0228	0.0213	0.0219
April	0.0221	0.0211	0.0215
May	0.0216	0.0202	0.0207
June	0.0226	0.0200	0.0208
July	0.0231	0.0221	0.0227
August	0.0227	0.0221	0.0225
September	0.0233	0.0220	0.0226
October	0.0233	0.0226	0.0229
November	0.0234	0.0228	0.0230
December	0.0247	0.0230	0.0238