2014 HNL to CLP Historical Review

YEARLY HIGH

29.6585 CLP

YEARLY LOW

25.9464 CLP

YEARLY AVERAGE

27.9678 CLP

2014 HNL to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 29.6585. Conversely, the yearly low was recorded on January 1, dropping to 25.9464.

This high-to-low spread represents a total annual volatility of 3.7121 CLP. From a start-to-finish perspective, comparing the January average rate of 26.8157 to the December average rate of 29.0439, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 29.6585 was up 13.69% compared to the 2013 peak of 26.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,292 CLP

2013 Average 123,307 CLP

Yearly Trough Low 129,732 CLP

Transaction Impact: A difference of 18,560.37 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

29.3871

26.3039

JanuMarcMayJulySeptNove

HNL 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 28.0839, compared to 27.8517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2322 points.

H1 Avg (Jan–Jun) 28.0839

H2 Avg (Jul–Dec) 27.8517

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 3.0815 CLP (High: 29.6220 / Low: 26.5405). On the other end, June was the most stable month, with a tight range of 0.6062 CLP (High: 26.8494 / Low: 26.2432).

May Spread (Volatile) ±3.0815

June Spread (Stable) ±0.6062

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 May and June, when the average rate fell by 2.3855 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 29.1302) against the same month in 2013 (average: 23.9080), the exchange rate shifted by +5.2222 (+21.84%).

2014 Avg (March) 29.1302

2013 Avg (March) 23.9080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.8137	25.9464	26.8157
February	28.6791	27.6993	28.0549
March	29.6585	28.5871	29.1302
April	29.5079	28.4565	28.9952
May	29.6220	26.5405	28.9464
June	26.8494	26.2432	26.5609
July	27.3309	26.1909	26.6575
August	28.1406	27.3458	27.5937
September	28.4398	27.7871	28.1447
October	28.3371	27.0612	27.7260
November	28.7019	27.0598	27.9445
December	29.4339	28.8117	29.0439