2014 MMK to CLP Historical Review

YEARLY HIGH

0.6108 CLP

YEARLY LOW

0.5331 CLP

YEARLY AVERAGE

0.5794 CLP

2014 MMK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.6108. Conversely, the yearly low was recorded on January 1, dropping to 0.5331.

This high-to-low spread represents a total annual volatility of 0.0777 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5458 to the December average rate of 0.5944, the exchange rate registered a net change of 8.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6108 was up 9.14% compared to the 2013 peak of 0.5596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,054 CLP

2013 Average 2,655 CLP

Yearly Trough Low 2,665 CLP

Transaction Impact: A difference of 388.70 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6114

0.5398

JanuMarcMayJulySeptNove

MMK 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 0.5688, compared to 0.5901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.5688

H2 Avg (Jul–Dec) 0.5901

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0330 CLP (High: 0.6065 / Low: 0.5735). On the other end, September was the most stable month, with a tight range of 0.0071 CLP (High: 0.6089 / Low: 0.6018).

October Spread (Volatile) ±0.0330

September 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 October and November, when the average rate fell by 0.0147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.5964) against the same month in 2013 (average: 0.5266), the exchange rate shifted by +0.0698 (+13.26%).

2014 Avg (August) 0.5964

2013 Avg (August) 0.5266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5617	0.5331	0.5458
February	0.5720	0.5552	0.5629
March	0.5931	0.5697	0.5812
April	0.5855	0.5669	0.5772
May	0.5886	0.5679	0.5766
June	0.5750	0.5632	0.5691
July	0.5877	0.5629	0.5741
August	0.6108	0.5883	0.5964
September	0.6089	0.6018	0.6054
October	0.6065	0.5735	0.5924
November	0.5895	0.5653	0.5777
December	0.6027	0.5867	0.5944