2014 CLP to GNF Historical Review

YEARLY HIGH

13.2800 GNF

YEARLY LOW

11.3944 GNF

YEARLY AVERAGE

12.3051 GNF

2014 CLP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.2800. Conversely, the yearly low was recorded on December 10, dropping to 11.3944.

This high-to-low spread represents a total annual volatility of 1.8856 GNF. From a start-to-finish perspective, comparing the January average rate of 12.9911 to the December average rate of 11.5168, the exchange rate registered a net change of -11.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.2800 was down 13.43% compared to the 2013 peak of 15.3402, 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 13,279,966 GNF

2013 Average 14,197,723 GNF

Yearly Trough Low 11,394,393 GNF

Transaction Impact: A difference of 1,885,572.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

13.1385

11.3693

JanuMarcMayJulySeptNove

CLP to GNF 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 12.6439, compared to 11.9662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6777 points.

H1 Avg (Jan–Jun) 12.6439

H2 Avg (Jul–Dec) 11.9662

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.7196 GNF (High: 13.2800 / Low: 12.5603). On the other end, December was the most stable month, with a tight range of 0.3060 GNF (High: 11.7003 / Low: 11.3944).

January Spread (Volatile) ±0.7196

December Spread (Stable) ±0.3060

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 July and August, when the average rate fell by 0.5211 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 12.9911) against the same month in 2013 (average: 15.0231), the exchange rate shifted by -2.0320 (-13.53%).

2014 Avg (January) 12.9911

2013 Avg (January) 15.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2800	12.5603	12.9911
February	12.8437	12.4514	12.6569
March	12.7575	12.1149	12.4498
April	12.8797	12.3945	12.5781
May	12.8183	12.3092	12.5786
June	12.7555	12.4452	12.6092
July	12.8451	12.2910	12.5805
August	12.2347	11.7019	12.0594
September	11.9911	11.6589	11.8001
October	12.3471	11.7646	11.9655
November	12.2733	11.5722	11.8753
December	11.7003	11.3944	11.5168