2011 MAD to CLP Historical Review

YEARLY HIGH

63.3465 CLP

YEARLY LOW

55.6783 CLP

YEARLY AVERAGE

59.7171 CLP

2011 MAD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 63.3465. Conversely, the yearly low was recorded on January 3, dropping to 55.6783.

This high-to-low spread represents a total annual volatility of 7.6682 CLP. From a start-to-finish perspective, comparing the January average rate of 58.5012 to the December average rate of 61.0581, the exchange rate registered a net change of 4.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 63.3465 was down 5.63% compared to the 2010 peak of 67.1283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 316,733 CLP

2010 Average 303,319 CLP

Yearly Trough Low 278,392 CLP

Transaction Impact: A difference of 38,340.94 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

62.6280

57.3348

JanuMarcMayJulySeptNove

MAD 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 59.1555, compared to 60.2787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1231 points.

H1 Avg (Jan–Jun) 59.1555

H2 Avg (Jul–Dec) 60.2787

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 5.5363 CLP (High: 62.8023 / Low: 57.2660). On the other end, April was the most stable month, with a tight range of 1.0483 CLP (High: 60.5949 / Low: 59.5466).

September Spread (Volatile) ±5.5363

April Spread (Stable) ±1.0483

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 June and July, when the average rate fell by 1.2912 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 62.1869) against the same month in 2010 (average: 59.8089), the exchange rate shifted by +2.3780 (+3.98%).

2011 Avg (October) 62.1869

2010 Avg (October) 59.8089

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.8640	55.6783	58.5012
February	59.0173	56.6525	57.7759
March	60.6784	58.5416	59.6240
April	60.5949	59.5466	60.0287
May	60.7481	58.6518	59.3044
June	60.2772	58.6192	59.6989
July	59.7635	57.4860	58.4077
August	60.0924	57.3750	59.1768
September	62.8023	57.2660	59.4198
October	63.3465	60.8257	62.1869
November	62.6546	59.5495	61.4226
December	61.9928	60.5149	61.0581