2015 CLP to VEF Historical Review

YEARLY HIGH

0.0106 VEF

YEARLY LOW

0.0088 VEF

YEARLY AVERAGE

0.0097 VEF

2015 CLP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CLP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.0106. Conversely, the yearly low was recorded on November 23, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0017 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0090, the exchange rate registered a net change of -11.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0106 was down 11.40% compared to the 2014 peak of 0.0120, 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 10,597 VEF

2014 Average 11,050 VEF

Yearly Trough Low 8,850 VEF

Transaction Impact: A difference of 1,747.56 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0105

0.0088

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 0.0102, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0102

H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0005 VEF (High: 0.0099 / Low: 0.0094). On the other end, April was the most stable month, with a tight range of 0.0002 VEF (High: 0.0104 / Low: 0.0102).

July Spread (Volatile) ±0.0005

April Spread (Stable) ±0.0002

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 July and August, 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 (May 2015: 0.0104) against the same month in 2014 (average: 0.0113), the exchange rate shifted by -0.0009 (-8.21%).

2015 Avg (May) 0.0104

2014 Avg (May) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0100	0.0102
February	0.0103	0.0100	0.0101
March	0.0102	0.0098	0.0100
April	0.0104	0.0102	0.0103
May	0.0106	0.0102	0.0104
June	0.0101	0.0099	0.0100
July	0.0099	0.0094	0.0097
August	0.0094	0.0090	0.0092
September	0.0093	0.0090	0.0091
October	0.0094	0.0091	0.0092
November	0.0092	0.0088	0.0090
December	0.0091	0.0089	0.0090