2014 CLP to MAD Historical Review

YEARLY HIGH

0.0156 MAD

YEARLY LOW

0.0141 MAD

YEARLY AVERAGE

0.0148 MAD

2014 CLP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0156. Conversely, the yearly low was recorded on March 11, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0015 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0146, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0156 was down 15.03% compared to the 2013 peak of 0.0183, 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 15,583 MAD

2013 Average 17,003 MAD

Yearly Trough Low 14,131 MAD

Transaction Impact: A difference of 1,451.85 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0154

0.0144

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 0.0148, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0148

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0008 MAD (High: 0.0153 / Low: 0.0146). On the other end, June was the most stable month, with a tight range of 0.0002 MAD (High: 0.0150 / Low: 0.0148).

November Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0153) against the same month in 2013 (average: 0.0178), the exchange rate shifted by -0.0024 (-13.78%).

2014 Avg (January) 0.0153

2013 Avg (January) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0156	0.0149	0.0153
February	0.0150	0.0146	0.0148
March	0.0149	0.0141	0.0144
April	0.0149	0.0144	0.0147
May	0.0150	0.0143	0.0147
June	0.0150	0.0148	0.0149
July	0.0150	0.0146	0.0148
August	0.0146	0.0143	0.0145
September	0.0147	0.0144	0.0145
October	0.0153	0.0147	0.0148
November	0.0153	0.0146	0.0149
December	0.0150	0.0142	0.0146