2016 CLP to VEF Historical Review

YEARLY HIGH

0.0155 VEF

YEARLY LOW

0.0086 VEF

YEARLY AVERAGE

0.0135 VEF

2016 CLP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CLP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0155. Conversely, the yearly low was recorded on January 17, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0068 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0150, the exchange rate registered a net change of 70.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0155 was up 45.79% compared to the 2015 peak of 0.0106, 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 15,450 VEF

2015 Average 9,687 VEF

Yearly Trough Low 8,632 VEF

Transaction Impact: A difference of 6,818.18 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0158

0.0081

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 0.0119, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0119

H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0008 VEF (High: 0.0151 / Low: 0.0144). On the other end, February was the most stable month, with a tight range of 0.0003 VEF (High: 0.0091 / Low: 0.0089).

May Spread (Volatile) ±0.0008

February Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0151) against the same month in 2015 (average: 0.0092), the exchange rate shifted by +0.0059 (+64.52%).

2016 Avg (August) 0.0151

2015 Avg (August) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0086	0.0088
February	0.0091	0.0089	0.0090
March	0.0094	0.0091	0.0093
April	0.0151	0.0146	0.0149
May	0.0151	0.0144	0.0146
June	0.0150	0.0144	0.0147
July	0.0153	0.0150	0.0152
August	0.0155	0.0148	0.0151
September	0.0152	0.0147	0.0149
October	0.0153	0.0149	0.0150
November	0.0153	0.0147	0.0150
December	0.0154	0.0147	0.0150