2011 DJF to CLP Historical Review

YEARLY HIGH

3.0006 CLP

YEARLY LOW

2.5642 CLP

YEARLY AVERAGE

2.7196 CLP

2011 DJF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 3.0006. Conversely, the yearly low was recorded on July 28, dropping to 2.5642.

This high-to-low spread represents a total annual volatility of 0.4364 CLP. From a start-to-finish perspective, comparing the January average rate of 2.7515 to the December average rate of 2.9008, the exchange rate registered a net change of 5.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.0006 was down 3.50% compared to the 2010 peak of 3.1095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,003 CLP

2010 Average 14,367 CLP

Yearly Trough Low 12,821 CLP

Transaction Impact: A difference of 2,182.07 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9306

2.5725

JanuMarcMayJulySeptNove

DJF 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 2.6750, compared to 2.7642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0893 points.

H1 Avg (Jan–Jun) 2.6750

H2 Avg (Jul–Dec) 2.7642

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3523 CLP (High: 2.9411 / Low: 2.5889). On the other end, June was the most stable month, with a tight range of 0.0448 CLP (High: 2.6721 / Low: 2.6273).

September Spread (Volatile) ±0.3523

June Spread (Stable) ±0.0448

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0780 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 2.8644) against the same month in 2010 (average: 2.7235), the exchange rate shifted by +0.1409 (+5.17%).

2011 Avg (October) 2.8644

2010 Avg (October) 2.7235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8045	2.6246	2.7515
February	2.7090	2.6367	2.6735
March	2.7334	2.6634	2.6997
April	2.6860	2.5885	2.6483
May	2.6699	2.5900	2.6321
June	2.6721	2.6273	2.6448
July	2.6314	2.5642	2.6023
August	2.6707	2.5709	2.6292
September	2.9411	2.5889	2.7311
October	3.0006	2.7574	2.8644
November	2.9681	2.7565	2.8576
December	2.9234	2.8618	2.9008