2014 CLP to BIF Historical Review

YEARLY HIGH

2.9387 BIF

YEARLY LOW

2.5234 BIF

YEARLY AVERAGE

2.7248 BIF

2014 CLP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.9387. Conversely, the yearly low was recorded on December 16, dropping to 2.5234.

This high-to-low spread represents a total annual volatility of 0.4152 BIF. From a start-to-finish perspective, comparing the January average rate of 2.8807 to the December average rate of 2.5549, the exchange rate registered a net change of -11.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9387 was down 12.59% compared to the 2013 peak of 3.3620, 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 2,938,658 BIF

2013 Average 3,133,144 BIF

Yearly Trough Low 2,523,430 BIF

Transaction Impact: A difference of 415,228.20 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9133

2.5223

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 2.8011, compared to 2.6486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1525 points.

H1 Avg (Jan–Jun) 2.8011

H2 Avg (Jul–Dec) 2.6486

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1458 BIF (High: 2.7131 / Low: 2.5673). On the other end, September was the most stable month, with a tight range of 0.0586 BIF (High: 2.6356 / Low: 2.5770).

October Spread (Volatile) ±0.1458

September Spread (Stable) ±0.0586

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0996 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.8807) against the same month in 2013 (average: 3.2071), the exchange rate shifted by -0.3264 (-10.18%).

2014 Avg (January) 2.8807

2013 Avg (January) 3.2071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9387	2.7958	2.8807
February	2.8367	2.7708	2.8002
March	2.8245	2.6994	2.7568
April	2.8345	2.7394	2.7893
May	2.8299	2.7325	2.7845
June	2.8261	2.7646	2.7951
July	2.8325	2.6937	2.7732
August	2.7017	2.6073	2.6736
September	2.6356	2.5770	2.6080
October	2.7131	2.5673	2.6488
November	2.7015	2.5716	2.6329
December	2.5939	2.5234	2.5549