2013 CLP to VEF Historical Review

YEARLY HIGH

0.0135 VEF

YEARLY LOW

0.0090 VEF

YEARLY AVERAGE

0.0117 VEF

2013 CLP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CLP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.0135. Conversely, the yearly low was recorded on January 1, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0045 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0119, the exchange rate registered a net change of 31.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0135 was up 47.21% compared to the 2012 peak of 0.0091, 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 13,457 VEF

2012 Average 8,833 VEF

Yearly Trough Low 8,962 VEF

Transaction Impact: A difference of 4,494.44 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0138

0.0087

JanuMarcMayJulySeptNove

CLP to VEF 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 0.0112, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0112

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.0043 VEF (High: 0.0133 / Low: 0.0090). On the other end, February was the most stable month, with a tight range of 0.0000 VEF (High: 0.0091 / Low: 0.0091).

March Spread (Volatile) ±0.0043

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.0133) against the same month in 2012 (average: 0.0088), the exchange rate shifted by +0.0045 (+50.73%).

2013 Avg (April) 0.0133

2012 Avg (April) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0091	0.0090	0.0091
February	0.0091	0.0091	0.0091
March	0.0133	0.0090	0.0100
April	0.0135	0.0132	0.0133
May	0.0134	0.0126	0.0131
June	0.0128	0.0123	0.0125
July	0.0126	0.0122	0.0125
August	0.0124	0.0122	0.0123
September	0.0127	0.0123	0.0125
October	0.0127	0.0124	0.0126
November	0.0123	0.0118	0.0121
December	0.0120	0.0118	0.0119