2014 CLP to IRR Historical Review

YEARLY HIGH

47.0861 IRR

YEARLY LOW

43.3110 IRR

YEARLY AVERAGE

45.3029 IRR

2014 CLP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 47.0861. Conversely, the yearly low was recorded on December 16, dropping to 43.3110.

This high-to-low spread represents a total annual volatility of 3.7751 IRR. From a start-to-finish perspective, comparing the January average rate of 46.0350 to the December average rate of 43.9147, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 47.0861 was down 5.95% compared to the 2013 peak of 50.0631, 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 47,086,067 IRR

2013 Average 34,995,617 IRR

Yearly Trough Low 43,310,952 IRR

Transaction Impact: A difference of 3,775,114.98 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

46.4640

43.6829

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 45.4957, compared to 45.1101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3856 points.

H1 Avg (Jan–Jun) 45.4957

H2 Avg (Jul–Dec) 45.1101

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 2.5772 IRR (High: 45.9785 / Low: 43.4012). On the other end, June was the most stable month, with a tight range of 0.7882 IRR (High: 46.5277 / Low: 45.7394).

March Spread (Volatile) ±2.5772

June Spread (Stable) ±0.7882

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1845 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 46.0350) against the same month in 2013 (average: 25.9444), the exchange rate shifted by +20.0905 (+77.44%).

2014 Avg (January) 46.0350

2013 Avg (January) 25.9444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.0861	44.8216	46.0350
February	45.4198	44.2707	44.8504
March	45.9785	43.4012	44.3832
April	46.4377	45.0480	45.5868
May	46.5215	45.0551	45.8979
June	46.5277	45.7394	46.2211
July	46.7597	45.4757	46.2322
August	45.8544	44.7734	45.4689
September	45.2990	44.2958	44.7673
October	46.2505	44.5308	45.2571
November	46.2515	44.0137	45.0207
December	44.7691	43.3110	43.9147