2014 MRO to CLP Historical Review

YEARLY HIGH

2.1337 CLP

YEARLY LOW

1.8083 CLP

YEARLY AVERAGE

1.9531 CLP

2014 MRO to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.1337. Conversely, the yearly low was recorded on January 1, dropping to 1.8083.

This high-to-low spread represents a total annual volatility of 0.3255 CLP. From a start-to-finish perspective, comparing the January average rate of 1.8494 to the December average rate of 2.1059, the exchange rate registered a net change of 13.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.1337 was up 16.48% compared to the 2013 peak of 1.8319, 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 10,669 CLP

2013 Average 8,442 CLP

Yearly Trough Low 9,041 CLP

Transaction Impact: A difference of 1,627.29 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.1315

1.8237

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 1.8910, compared to 2.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1241 points.

H1 Avg (Jan–Jun) 1.8910

H2 Avg (Jul–Dec) 2.0151

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.1285 CLP (High: 2.0874 / Low: 1.9589). On the other end, June was the most stable month, with a tight range of 0.0399 CLP (High: 1.9172 / Low: 1.8773).

November Spread (Volatile) ±0.1285

June Spread (Stable) ±0.0399

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0440 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.1059) against the same month in 2013 (average: 1.8132), the exchange rate shifted by +0.2927 (+16.14%).

2014 Avg (December) 2.1059

2013 Avg (December) 1.8132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9038	1.8083	1.8494
February	1.9308	1.8783	1.9043
March	1.9706	1.8482	1.9258
April	1.9133	1.8442	1.8818
May	1.9236	1.8558	1.8919
June	1.9172	1.8773	1.8931
July	1.9555	1.8773	1.9147
August	2.0379	1.9632	1.9848
September	2.0644	2.0016	2.0370
October	2.0617	1.9569	2.0156
November	2.0874	1.9589	2.0325
December	2.1337	2.0724	2.1059