2012 TOP to CLP Historical Review

YEARLY HIGH

296.4345 CLP

YEARLY LOW

268.4137 CLP

YEARLY AVERAGE

279.8631 CLP

2012 TOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 296.4345. Conversely, the yearly low was recorded on September 7, dropping to 268.4137.

This high-to-low spread represents a total annual volatility of 28.0208 CLP. From a start-to-finish perspective, comparing the January average rate of 287.3372 to the December average rate of 274.4145, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 296.4345 was down 4.32% compared to the 2011 peak of 309.8172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,482,172 CLP

2011 Average 1,379,662 CLP

Yearly Trough Low 1,342,068 CLP

Transaction Impact: A difference of 140,104.17 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

289.4471

270.6592

JanuMarcMayJulySeptNove

TOP 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 285.1461, compared to 274.5801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.5660 points.

H1 Avg (Jan–Jun) 285.1461

H2 Avg (Jul–Dec) 274.5801

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 16.6180 CLP (High: 296.4345 / Low: 279.8165). On the other end, December was the most stable month, with a tight range of 4.9727 CLP (High: 276.7184 / Low: 271.7457).

January Spread (Volatile) ±16.6180

December Spread (Stable) ±4.9727

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 5.8538 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.8538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 287.3372) against the same month in 2011 (average: 262.8296), the exchange rate shifted by +24.5077 (+9.32%).

2012 Avg (January) 287.3372

2011 Avg (January) 262.8296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	296.4345	279.8165	287.3372
February	288.0679	280.1090	284.3768
March	292.0004	283.7855	287.8815
April	289.1478	282.6248	285.4733
May	290.7603	278.8964	283.4670
June	288.2088	279.0671	282.3409
July	282.3471	271.7979	276.4870
August	278.1147	271.4246	274.6684
September	275.5846	268.4137	272.2249
October	277.1941	268.8996	273.0225
November	283.2071	268.6488	276.6632
December	276.7184	271.7457	274.4145