2014 CLP to CVE Historical Review

YEARLY HIGH

0.1530 CVE

YEARLY LOW

0.1372 CVE

YEARLY AVERAGE

0.1451 CVE

2014 CLP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1530. Conversely, the yearly low was recorded on March 14, dropping to 0.1372.

This high-to-low spread represents a total annual volatility of 0.0158 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1501 to the December average rate of 0.1457, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1530 was down 16.24% compared to the 2013 peak of 0.1826, 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 152,980 CVE

2013 Average 167,729 CVE

Yearly Trough Low 137,222 CVE

Transaction Impact: A difference of 15,758.06 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1511

0.1400

JanuMarcMayJulySeptNove

CLP to CVE 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 0.1449, compared to 0.1453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1449

H2 Avg (Jul–Dec) 0.1453

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0083 CVE (High: 0.1456 / Low: 0.1372). On the other end, June was the most stable month, with a tight range of 0.0016 CVE (High: 0.1465 / Low: 0.1449).

March Spread (Volatile) ±0.0083

June Spread (Stable) ±0.0016

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 January and February, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1501) against the same month in 2013 (average: 0.1755), the exchange rate shifted by -0.0254 (-14.45%).

2014 Avg (January) 0.1501

2013 Avg (January) 0.1755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1530	0.1457	0.1501
February	0.1468	0.1423	0.1451
March	0.1456	0.1372	0.1409
April	0.1455	0.1406	0.1432
May	0.1468	0.1394	0.1438
June	0.1465	0.1449	0.1460
July	0.1472	0.1432	0.1450
August	0.1429	0.1403	0.1421
September	0.1452	0.1416	0.1435
October	0.1519	0.1452	0.1472
November	0.1521	0.1448	0.1484
December	0.1496	0.1419	0.1457