2014 GNF to CLP Historical Review

YEARLY HIGH

0.0878 CLP

YEARLY LOW

0.0753 CLP

YEARLY AVERAGE

0.0814 CLP

2014 GNF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GNF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0878. Conversely, the yearly low was recorded on January 1, dropping to 0.0753.

This high-to-low spread represents a total annual volatility of 0.0125 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0770 to the December average rate of 0.0868, the exchange rate registered a net change of 12.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0878 was up 14.45% compared to the 2013 peak of 0.0767, 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 439 CLP

2013 Average 353 CLP

Yearly Trough Low 377 CLP

Transaction Impact: A difference of 62.31 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0878

0.0760

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 0.0791, compared to 0.0836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0791

H2 Avg (Jul–Dec) 0.0836

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0049 CLP (High: 0.0864 / Low: 0.0815). On the other end, June was the most stable month, with a tight range of 0.0020 CLP (High: 0.0804 / Low: 0.0784).

November Spread (Volatile) ±0.0049

June Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0868) against the same month in 2013 (average: 0.0759), the exchange rate shifted by +0.0110 (+14.47%).

2014 Avg (December) 0.0868

2013 Avg (December) 0.0759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0796	0.0753	0.0770
February	0.0803	0.0779	0.0790
March	0.0825	0.0784	0.0803
April	0.0807	0.0776	0.0795
May	0.0812	0.0780	0.0795
June	0.0804	0.0784	0.0793
July	0.0814	0.0779	0.0795
August	0.0855	0.0817	0.0829
September	0.0858	0.0834	0.0847
October	0.0850	0.0810	0.0836
November	0.0864	0.0815	0.0842
December	0.0878	0.0855	0.0868