2014 CVE to CLP Historical Review

YEARLY HIGH

7.2875 CLP

YEARLY LOW

6.5368 CLP

YEARLY AVERAGE

6.8952 CLP

2014 CVE to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CVE to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 7.2875. Conversely, the yearly low was recorded on January 4, dropping to 6.5368.

This high-to-low spread represents a total annual volatility of 0.7507 CLP. From a start-to-finish perspective, comparing the January average rate of 6.6619 to the December average rate of 6.8641, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.2875 was up 9.12% compared to the 2013 peak of 6.6783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,437 CLP

2013 Average 29,901 CLP

Yearly Trough Low 32,684 CLP

Transaction Impact: A difference of 3,753.31 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.1410

6.6183

JanuMarcMayJulySeptNove

CVE 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 6.9069, compared to 6.8835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0235 points.

H1 Avg (Jan–Jun) 6.9069

H2 Avg (Jul–Dec) 6.8835

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.4170 CLP (High: 7.2875 / Low: 6.8704). On the other end, June was the most stable month, with a tight range of 0.0763 CLP (High: 6.9017 / Low: 6.8255).

March Spread (Volatile) ±0.4170

June Spread (Stable) ±0.0763

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.1730 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 7.0975) against the same month in 2013 (average: 5.5527), the exchange rate shifted by +1.5448 (+27.82%).

2014 Avg (March) 7.0975

2013 Avg (March) 5.5527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8617	6.5368	6.6619
February	7.0297	6.8141	6.8925
March	7.2875	6.8704	7.0975
April	7.1113	6.8748	6.9837
May	7.1714	6.8112	6.9545
June	6.9017	6.8255	6.8516
July	6.9812	6.7950	6.8956
August	7.1257	6.9989	7.0375
September	7.0643	6.8875	6.9674
October	6.8893	6.5833	6.7945
November	6.9070	6.5734	6.7417
December	7.0463	6.6830	6.8641