2011 STD to CLP Historical Review

YEARLY HIGH

0.0291 CLP

YEARLY LOW

0.0254 CLP

YEARLY AVERAGE

0.0274 CLP

2011 STD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the STD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0291. Conversely, the yearly low was recorded on January 3, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0038 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0279, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0291 was down 11.10% compared to the 2010 peak of 0.0328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 CLP

2010 Average 140 CLP

Yearly Trough Low 127 CLP

Transaction Impact: A difference of 18.80 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0285

0.0262

JanuMarcMayJulySeptNove

STD 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 0.0271, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0271

H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0025 CLP (High: 0.0291 / Low: 0.0267). On the other end, June was the most stable month, with a tight range of 0.0007 CLP (High: 0.0279 / Low: 0.0272).

September Spread (Volatile) ±0.0025

June Spread (Stable) ±0.0007

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0276) against the same month in 2010 (average: 0.0262), the exchange rate shifted by +0.0014 (+5.25%).

2011 Avg (September) 0.0276

2010 Avg (September) 0.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0254	0.0266
February	0.0270	0.0258	0.0264
March	0.0279	0.0267	0.0273
April	0.0279	0.0267	0.0276
May	0.0279	0.0269	0.0273
June	0.0279	0.0272	0.0275
July	0.0275	0.0265	0.0270
August	0.0277	0.0264	0.0272
September	0.0291	0.0267	0.0276
October	0.0291	0.0272	0.0283
November	0.0291	0.0278	0.0282
December	0.0284	0.0275	0.0279