2011 CLP to SBD Historical Review

YEARLY HIGH

0.0171 SBD

YEARLY LOW

0.0145 SBD

YEARLY AVERAGE

0.0158 SBD

2011 CLP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CLP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0171. Conversely, the yearly low was recorded on November 26, dropping to 0.0145.

This high-to-low spread represents a total annual volatility of 0.0025 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0148, the exchange rate registered a net change of -7.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0171 was up 0.29% compared to the 2010 peak of 0.0170, 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 17,088 SBD

2010 Average 15,337 SBD

Yearly Trough Low 14,547 SBD

Transaction Impact: A difference of 2,540.99 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0166

0.0146

JanuMarcMayJulySeptNove

CLP to SBD 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 0.0162, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0162

H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0015 SBD (High: 0.0162 / Low: 0.0147). On the other end, April was the most stable month, with a tight range of 0.0003 SBD (High: 0.0164 / Low: 0.0161).

September Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0160) against the same month in 2010 (average: 0.0157), the exchange rate shifted by +0.0003 (+1.82%).

2011 Avg (January) 0.0160

2010 Avg (January) 0.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0171	0.0156	0.0160
February	0.0166	0.0160	0.0163
March	0.0162	0.0158	0.0159
April	0.0164	0.0161	0.0162
May	0.0166	0.0163	0.0165
June	0.0163	0.0157	0.0160
July	0.0163	0.0156	0.0160
August	0.0163	0.0157	0.0159
September	0.0162	0.0147	0.0156
October	0.0156	0.0146	0.0151
November	0.0155	0.0145	0.0149
December	0.0151	0.0146	0.0148