2012 MRO to CLP Historical Review

YEARLY HIGH

1.8162 CLP

YEARLY LOW

1.5559 CLP

YEARLY AVERAGE

1.6493 CLP

2012 MRO to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MRO to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.8162. Conversely, the yearly low was recorded on September 18, dropping to 1.5559.

This high-to-low spread represents a total annual volatility of 0.2604 CLP. From a start-to-finish perspective, comparing the January average rate of 1.7355 to the December average rate of 1.5987, the exchange rate registered a net change of -7.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8162 was down 3.85% compared to the 2011 peak of 1.8890, 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 9,081 CLP

2011 Average 8,641 CLP

Yearly Trough Low 7,779 CLP

Transaction Impact: A difference of 1,301.85 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.7515

1.5597

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 1.6941, compared to 1.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0897 points.

H1 Avg (Jan–Jun) 1.6941

H2 Avg (Jul–Dec) 1.6045

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1378 CLP (High: 1.8162 / Low: 1.6785). On the other end, November was the most stable month, with a tight range of 0.0233 CLP (High: 1.6263 / Low: 1.6030).

January Spread (Volatile) ±0.1378

November Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0811 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 1.7355) against the same month in 2011 (average: 1.7449), the exchange rate shifted by -0.0094 (-0.54%).

2012 Avg (January) 1.7355

2011 Avg (January) 1.7449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8162	1.6785	1.7355
February	1.6844	1.6320	1.6544
March	1.6779	1.6343	1.6607
April	1.6945	1.6420	1.6748
May	1.7845	1.6618	1.7097
June	1.7910	1.6971	1.7297
July	1.7280	1.6064	1.6620
August	1.6093	1.5660	1.5953
September	1.5998	1.5559	1.5757
October	1.6115	1.5629	1.5819
November	1.6263	1.6030	1.6131
December	1.6167	1.5855	1.5987