2011 CLP to IRR Historical Review

YEARLY HIGH

24.8978 IRR

YEARLY LOW

17.4820 IRR

YEARLY AVERAGE

21.8033 IRR

2011 CLP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CLP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 24.8978. Conversely, the yearly low was recorded on November 25, dropping to 17.4820.

This high-to-low spread represents a total annual volatility of 7.4158 IRR. From a start-to-finish perspective, comparing the January average rate of 21.2211 to the December average rate of 20.9209, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 24.8978 was up 12.42% compared to the 2010 peak of 22.1470, 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 24,897,780 IRR

2010 Average 19,771,362 IRR

Yearly Trough Low 17,482,012 IRR

Transaction Impact: A difference of 7,415,768.34 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.5686

19.3819

JanuMarcMayJulySeptNove

CLP to IRR 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 22.0821, compared to 21.5246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5575 points.

H1 Avg (Jan–Jun) 22.0821

H2 Avg (Jul–Dec) 21.5246

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 4.5838 IRR (High: 22.0658 / Low: 17.4820). On the other end, July was the most stable month, with a tight range of 0.4696 IRR (High: 23.1325 / Low: 22.6629).

November Spread (Volatile) ±4.5838

July Spread (Stable) ±0.4696

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 October and November, when the average rate fell by 1.1807 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 23.2197) against the same month in 2010 (average: 18.6246), the exchange rate shifted by +4.5951 (+24.67%).

2011 Avg (June) 23.2197

2010 Avg (June) 18.6246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2124	20.8363	21.2211
February	22.1004	21.5194	21.7929
March	21.8042	21.2567	21.5382
April	22.8134	21.8439	22.1836
May	22.8134	22.3124	22.5370
June	24.8978	22.6263	23.2197
July	23.1325	22.6629	22.9099
August	23.0716	22.2858	22.6406
September	23.0336	20.5439	22.0338
October	21.8917	20.0787	20.9114
November	22.0658	17.4820	19.7308
December	21.4357	17.7499	20.9209