2011 HTG to CLP Historical Review

YEARLY HIGH

13.0790 CLP

YEARLY LOW

11.2186 CLP

YEARLY AVERAGE

11.9076 CLP

2011 HTG to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 13.0790. Conversely, the yearly low was recorded on August 1, dropping to 11.2186.

This high-to-low spread represents a total annual volatility of 1.8604 CLP. From a start-to-finish perspective, comparing the January average rate of 12.1464 to the December average rate of 12.7747, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.0790 was down 5.33% compared to the 2010 peak of 13.8158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,395 CLP

2010 Average 63,568 CLP

Yearly Trough Low 56,093 CLP

Transaction Impact: A difference of 9,301.81 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.9119

11.2648

JanuMarcMayJulySeptNove

HTG 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 11.7052, compared to 12.1100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4048 points.

H1 Avg (Jan–Jun) 11.7052

H2 Avg (Jul–Dec) 12.1100

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.5254 CLP (High: 12.8746 / Low: 11.3492). On the other end, February was the most stable month, with a tight range of 0.3202 CLP (High: 11.7926 / Low: 11.4723).

September Spread (Volatile) ±1.5254

February Spread (Stable) ±0.3202

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4888 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 12.4992) against the same month in 2010 (average: 12.0585), the exchange rate shifted by +0.4407 (+3.65%).

2011 Avg (October) 12.4992

2010 Avg (October) 12.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3831	11.5865	12.1464
February	11.7926	11.4723	11.6576
March	11.9505	11.6197	11.7955
April	11.8245	11.3379	11.5809
May	11.7106	11.2902	11.4901
June	11.7645	11.4352	11.5608
July	11.5874	11.2561	11.4021
August	11.7443	11.2186	11.5105
September	12.8746	11.3492	11.9535
October	13.0790	11.9996	12.4992
November	13.0623	11.9954	12.5203
December	12.9344	12.5364	12.7747