2017 CLP to ARS Historical Review

YEARLY HIGH

0.0312 ARS

YEARLY LOW

0.0227 ARS

YEARLY AVERAGE

0.0256 ARS

2017 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0312. Conversely, the yearly low was recorded on May 4, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0085 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0280, the exchange rate registered a net change of 16.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0312 was up 26.54% compared to the 2016 peak of 0.0247, 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 31,199 ARS

2016 Average 21,848 ARS

Yearly Trough Low 22,731 ARS

Transaction Impact: A difference of 8,467.32 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0284

0.0229

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 0.0238, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0049 ARS (High: 0.0312 / Low: 0.0263). On the other end, March was the most stable month, with a tight range of 0.0005 ARS (High: 0.0237 / Low: 0.0232).

December Spread (Volatile) ±0.0049

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, 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 February and March, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0280) against the same month in 2016 (average: 0.0238), the exchange rate shifted by +0.0042 (+17.68%).

2017 Avg (December) 0.0280

2016 Avg (December) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0246	0.0235	0.0241
February	0.0246	0.0238	0.0242
March	0.0237	0.0232	0.0235
April	0.0237	0.0231	0.0234
May	0.0241	0.0227	0.0234
June	0.0250	0.0239	0.0242
July	0.0273	0.0248	0.0261
August	0.0278	0.0263	0.0271
September	0.0280	0.0270	0.0275
October	0.0280	0.0272	0.0277
November	0.0280	0.0267	0.0276
December	0.0312	0.0263	0.0280