2014 LBP to CLP Historical Review

YEARLY HIGH

0.4102 CLP

YEARLY LOW

0.3499 CLP

YEARLY AVERAGE

0.3778 CLP

2014 LBP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LBP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.4102. Conversely, the yearly low was recorded on January 1, dropping to 0.3499.

This high-to-low spread represents a total annual volatility of 0.0602 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3574 to the December average rate of 0.4049, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4102 was up 15.71% compared to the 2013 peak of 0.3545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,051 CLP

2013 Average 1,643 CLP

Yearly Trough Low 1,750 CLP

Transaction Impact: A difference of 301.16 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4097

0.3527

JanuMarcMayJulySeptNove

LBP 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 0.3670, compared to 0.3886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.3670

H2 Avg (Jul–Dec) 0.3886

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0215 CLP (High: 0.4021 / Low: 0.3806). On the other end, June was the most stable month, with a tight range of 0.0071 CLP (High: 0.3705 / Low: 0.3633).

November Spread (Volatile) ±0.0215

June Spread (Stable) ±0.0071

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 March and April, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4049) against the same month in 2013 (average: 0.3513), the exchange rate shifted by +0.0537 (+15.27%).

2014 Avg (December) 0.4049

2013 Avg (December) 0.3513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3686	0.3499	0.3574
February	0.3734	0.3635	0.3683
March	0.3812	0.3657	0.3742
April	0.3734	0.3612	0.3682
May	0.3745	0.3627	0.3675
June	0.3705	0.3633	0.3664
July	0.3778	0.3631	0.3694
August	0.3921	0.3784	0.3836
September	0.3969	0.3867	0.3925
October	0.3954	0.3801	0.3891
November	0.4021	0.3806	0.3923
December	0.4102	0.4005	0.4049