2014 CLP to MRO Historical Review

YEARLY HIGH

0.5530 MRO

YEARLY LOW

0.4687 MRO

YEARLY AVERAGE

0.5129 MRO

2014 CLP to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5530. Conversely, the yearly low was recorded on December 16, dropping to 0.4687.

This high-to-low spread represents a total annual volatility of 0.0844 MRO. From a start-to-finish perspective, comparing the January average rate of 0.5409 to the December average rate of 0.4749, the exchange rate registered a net change of -12.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5530 was down 13.87% compared to the 2013 peak of 0.6421, 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 553,014 MRO

2013 Average 593,345 MRO

Yearly Trough Low 468,663 MRO

Transaction Impact: A difference of 84,351.31 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5475

0.4683

JanuMarcMayJulySeptNove

CLP to MRO 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 0.5290, compared to 0.4967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 0.5290

H2 Avg (Jul–Dec) 0.4967

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0336 MRO (High: 0.5411 / Low: 0.5075). On the other end, June was the most stable month, with a tight range of 0.0111 MRO (High: 0.5327 / Low: 0.5216).

March Spread (Volatile) ±0.0336

June Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.5409) against the same month in 2013 (average: 0.6371), the exchange rate shifted by -0.0962 (-15.11%).

2014 Avg (January) 0.5409

2013 Avg (January) 0.6371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5530	0.5253	0.5409
February	0.5324	0.5179	0.5252
March	0.5411	0.5075	0.5195
April	0.5422	0.5226	0.5315
May	0.5388	0.5199	0.5286
June	0.5327	0.5216	0.5283
July	0.5327	0.5114	0.5224
August	0.5094	0.4907	0.5039
September	0.4996	0.4844	0.4909
October	0.5110	0.4850	0.4962
November	0.5105	0.4791	0.4921
December	0.4825	0.4687	0.4749