2014 CLP to STD Historical Review

YEARLY HIGH

34.1010 STD

YEARLY LOW

30.7503 STD

YEARLY AVERAGE

32.3837 STD

2014 CLP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CLP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 34.1010. Conversely, the yearly low was recorded on March 16, dropping to 30.7503.

This high-to-low spread represents a total annual volatility of 3.3508 STD. From a start-to-finish perspective, comparing the January average rate of 33.4860 to the December average rate of 32.4961, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 34.1010 was down 16.02% compared to the 2013 peak of 40.6064, 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 34,101,043 STD

2013 Average 37,366,628 STD

Yearly Trough Low 30,750,282 STD

Transaction Impact: A difference of 3,350,761.35 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

33.6860

31.2866

JanuMarcMayJulySeptNove

CLP to STD 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 32.3460, compared to 32.4215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 32.3460

H2 Avg (Jul–Dec) 32.4215

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 1.6723 STD (High: 32.4226 / Low: 30.7503). On the other end, June was the most stable month, with a tight range of 0.5111 STD (High: 32.7781 / Low: 32.2670).

March Spread (Volatile) ±1.6723

June Spread (Stable) ±0.5111

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 1.0643 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 33.4860) against the same month in 2013 (average: 39.0509), the exchange rate shifted by -5.5649 (-14.25%).

2014 Avg (January) 33.4860

2013 Avg (January) 39.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.1010	32.5942	33.4860
February	32.8497	31.7509	32.4217
March	32.4226	30.7503	31.4865
April	32.5750	31.3808	31.9740
May	32.8028	31.1641	32.1281
June	32.7781	32.2670	32.5795
July	32.8540	31.8984	32.3481
August	31.9563	31.3468	31.7399
September	32.2875	31.6151	31.9669
October	33.8392	32.4401	32.8481
November	33.9288	32.3235	33.1297
December	33.2283	31.6047	32.4961