2011 CLP to BIF Historical Review

YEARLY HIGH

2.6912 BIF

YEARLY LOW

2.2831 BIF

YEARLY AVERAGE

2.5046 BIF

2011 CLP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CLP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 2.6912. Conversely, the yearly low was recorded on January 11, dropping to 2.2831.

This high-to-low spread represents a total annual volatility of 0.4081 BIF. From a start-to-finish perspective, comparing the January average rate of 2.3214 to the December average rate of 2.4933, the exchange rate registered a net change of 7.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6912 was up 10.84% compared to the 2010 peak of 2.4279, 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 2,691,194 BIF

2010 Average 2,229,894 BIF

Yearly Trough Low 2,283,139 BIF

Transaction Impact: A difference of 408,054.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.6860

2.2883

JanuMarcMayJulySeptNove

CLP to BIF 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 2.4826, compared to 2.5267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 2.4826

H2 Avg (Jul–Dec) 2.5267

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3203 BIF (High: 2.6691 / Low: 2.3488). On the other end, July was the most stable month, with a tight range of 0.0602 BIF (High: 2.6833 / Low: 2.6232).

September Spread (Volatile) ±0.3203

July Spread (Stable) ±0.0602

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1190 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.6279) against the same month in 2010 (average: 2.2295), the exchange rate shifted by +0.3984 (+17.87%).

2011 Avg (August) 2.6279

2010 Avg (August) 2.2295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4314	2.2831	2.3214
February	2.4307	2.3583	2.3938
March	2.4020	2.3373	2.3691
April	2.6688	2.3767	2.5834
May	2.6630	2.5812	2.6191
June	2.6378	2.5752	2.6088
July	2.6833	2.6232	2.6529
August	2.6912	2.5902	2.6279
September	2.6691	2.3488	2.5360
October	2.5140	2.3097	2.4171
November	2.5253	2.3402	2.4327
December	2.5772	2.3897	2.4933