2011 GNF to CLP Historical Review

YEARLY HIGH

0.0796 CLP

YEARLY LOW

0.0621 CLP

YEARLY AVERAGE

0.0700 CLP

2011 GNF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0796. Conversely, the yearly low was recorded on March 3, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0175 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0678 to the December average rate of 0.0746, the exchange rate registered a net change of 10.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0796 was down 27.63% compared to the 2010 peak of 0.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 398 CLP

2010 Average 468 CLP

Yearly Trough Low 311 CLP

Transaction Impact: A difference of 87.33 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0765

0.0634

JanuMarcMayJulySeptNove

GNF 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 0.0671, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0093 CLP (High: 0.0789 / Low: 0.0696). On the other end, July was the most stable month, with a tight range of 0.0019 CLP (High: 0.0701 / Low: 0.0682).

September Spread (Volatile) ±0.0093

July Spread (Stable) ±0.0019

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0754) against the same month in 2010 (average: 0.0709), the exchange rate shifted by +0.0045 (+6.29%).

2011 Avg (October) 0.0754

2010 Avg (October) 0.0709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0714	0.0636	0.0678
February	0.0663	0.0622	0.0645
March	0.0689	0.0621	0.0673
April	0.0673	0.0653	0.0667
May	0.0706	0.0648	0.0663
June	0.0716	0.0696	0.0703
July	0.0701	0.0682	0.0692
August	0.0710	0.0661	0.0696
September	0.0789	0.0696	0.0735
October	0.0796	0.0715	0.0754
November	0.0777	0.0721	0.0748
December	0.0764	0.0728	0.0746