2011 MRO to CLP Historical Review

YEARLY HIGH

1.8890 CLP

YEARLY LOW

1.6430 CLP

YEARLY AVERAGE

1.7280 CLP

2011 MRO to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.8890. Conversely, the yearly low was recorded on August 4, dropping to 1.6430.

This high-to-low spread represents a total annual volatility of 0.2460 CLP. From a start-to-finish perspective, comparing the January average rate of 1.7449 to the December average rate of 1.8049, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8890 was down 10.23% compared to the 2010 peak of 2.1042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,445 CLP

2010 Average 9,339 CLP

Yearly Trough Low 8,215 CLP

Transaction Impact: A difference of 1,229.85 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8175

1.6668

JanuMarcMayJulySeptNove

MRO 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 1.7146, compared to 1.7414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 1.7146

H2 Avg (Jul–Dec) 1.7414

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2061 CLP (High: 1.8527 / Low: 1.6467). On the other end, December was the most stable month, with a tight range of 0.0447 CLP (High: 1.8256 / Low: 1.7809).

September Spread (Volatile) ±0.2061

December Spread (Stable) ±0.0447

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 0.0593 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.7721) against the same month in 2010 (average: 1.7093), the exchange rate shifted by +0.0628 (+3.67%).

2011 Avg (October) 1.7721

2010 Avg (October) 1.7093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7876	1.6531	1.7449
February	1.7524	1.6493	1.6856
March	1.7473	1.6643	1.7002
April	1.7468	1.6635	1.7115
May	1.7539	1.6895	1.7230
June	1.7470	1.7022	1.7222
July	1.7094	1.6440	1.6794
August	1.7075	1.6430	1.6813
September	1.8527	1.6467	1.7272
October	1.8890	1.6923	1.7721
November	1.8424	1.7236	1.7835
December	1.8256	1.7809	1.8049