2016 TOP to CLP Historical Review

YEARLY HIGH

327.2028 CLP

YEARLY LOW

284.5492 CLP

YEARLY AVERAGE

300.4905 CLP

2016 TOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 327.2028. Conversely, the yearly low was recorded on July 22, dropping to 284.5492.

This high-to-low spread represents a total annual volatility of 42.6536 CLP. From a start-to-finish perspective, comparing the January average rate of 319.7095 to the December average rate of 292.9061, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 327.2028 was up 1.09% compared to the 2015 peak of 323.6815, 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 1,636,014 CLP

2015 Average 1,542,426 CLP

Yearly Trough Low 1,422,746 CLP

Transaction Impact: A difference of 213,268.12 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

322.6562

287.2954

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 306.1173, compared to 294.8638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.2535 points.

H1 Avg (Jan–Jun) 306.1173

H2 Avg (Jul–Dec) 294.8638

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 16.8499 CLP (High: 327.2028 / Low: 310.3529). On the other end, March was the most stable month, with a tight range of 5.8956 CLP (High: 305.3955 / Low: 299.4999).

January Spread (Volatile) ±16.8499

March Spread (Stable) ±5.8956

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 12.9639 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.9639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 319.7095) against the same month in 2015 (average: 313.5975), the exchange rate shifted by +6.1120 (+1.95%).

2016 Avg (January) 319.7095

2015 Avg (January) 313.5975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	327.2028	310.3529	319.7095
February	317.6056	301.6032	308.7812
March	305.3955	299.4999	301.6674
April	304.9112	296.1968	300.5121
May	306.8368	295.6273	302.8276
June	307.3472	293.7221	303.2060
July	294.9802	284.5492	290.2421
August	299.1656	285.8930	292.1027
September	302.3637	292.3956	297.3843
October	303.5964	291.9574	298.4833
November	303.1470	287.4108	298.0642
December	299.9022	285.3959	292.9061