2011 CRC to CLP Historical Review

YEARLY HIGH

1.0583 CLP

YEARLY LOW

0.9078 CLP

YEARLY AVERAGE

0.9633 CLP

2011 CRC to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CRC to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.0583. Conversely, the yearly low was recorded on September 8, dropping to 0.9078.

This high-to-low spread represents a total annual volatility of 0.1506 CLP. From a start-to-finish perspective, comparing the January average rate of 0.9725 to the December average rate of 1.0312, the exchange rate registered a net change of 6.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0583 was down 1.62% compared to the 2010 peak of 1.0757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CRC based on timing:

Yearly Peak High 5,292 CLP

2010 Average 4,865 CLP

Yearly Trough Low 4,539 CLP

Transaction Impact: A difference of 752.81 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0422

0.9098

JanuMarcMayJulySeptNove

CRC to CLP 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 0.9525, compared to 0.9741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.9525

H2 Avg (Jul–Dec) 0.9741

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1278 CLP (High: 1.0356 / Low: 0.9078). On the other end, February was the most stable month, with a tight range of 0.0195 CLP (High: 0.9629 / Low: 0.9434).

September Spread (Volatile) ±0.1278

February Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0185 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.0072) against the same month in 2010 (average: 0.9479), the exchange rate shifted by +0.0592 (+6.25%).

2011 Avg (November) 1.0072

2010 Avg (November) 0.9479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9861	0.9235	0.9725
February	0.9629	0.9434	0.9540
March	0.9751	0.9514	0.9644
April	0.9637	0.9251	0.9467
May	0.9555	0.9251	0.9423
June	0.9451	0.9221	0.9349
July	0.9340	0.9116	0.9209
August	0.9481	0.9091	0.9291
September	1.0356	0.9078	0.9588
October	1.0392	0.9673	0.9974
November	1.0583	0.9564	1.0072
December	1.0433	1.0118	1.0312