2012 CLP to MAD Historical Review

YEARLY HIGH

0.0188 MAD

YEARLY LOW

0.0165 MAD

YEARLY AVERAGE

0.0178 MAD

2012 CLP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CLP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 0.0188. Conversely, the yearly low was recorded on January 1, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0023 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0178, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0188 was up 4.78% compared to the 2011 peak of 0.0180, 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 18,819 MAD

2011 Average 16,753 MAD

Yearly Trough Low 16,495 MAD

Transaction Impact: A difference of 2,324.66 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0186

0.0171

JanuMarcMayJulySeptNove

CLP to MAD 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 0.0174, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0174

H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0011 MAD (High: 0.0186 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0003 MAD (High: 0.0183 / Low: 0.0180).

July Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 0.0185) against the same month in 2011 (average: 0.0169), the exchange rate shifted by +0.0016 (+9.41%).

2012 Avg (August) 0.0185

2011 Avg (August) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0165	0.0172
February	0.0177	0.0173	0.0175
March	0.0176	0.0172	0.0174
April	0.0176	0.0172	0.0174
May	0.0177	0.0171	0.0174
June	0.0176	0.0171	0.0174
July	0.0186	0.0175	0.0182
August	0.0188	0.0182	0.0185
September	0.0183	0.0180	0.0182
October	0.0182	0.0178	0.0180
November	0.0182	0.0178	0.0180
December	0.0180	0.0176	0.0178