2018 TOP to CLP Historical Review

YEARLY HIGH

306.9083 CLP

YEARLY LOW

265.0626 CLP

YEARLY AVERAGE

282.3235 CLP

2018 TOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 306.9083. Conversely, the yearly low was recorded on February 26, dropping to 265.0626.

This high-to-low spread represents a total annual volatility of 41.8457 CLP. From a start-to-finish perspective, comparing the January average rate of 269.4497 to the December average rate of 300.6559, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 306.9083 was up 3.27% compared to the 2017 peak of 297.1936, 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 1,534,542 CLP

2017 Average 1,431,943 CLP

Yearly Trough Low 1,325,313 CLP

Transaction Impact: A difference of 209,228.72 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

303.7765

266.3291

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 272.7333, compared to 291.9137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.1803 points.

H1 Avg (Jan–Jun) 272.7333

H2 Avg (Jul–Dec) 291.9137

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 17.8741 CLP (High: 302.2464 / Low: 284.3723). On the other end, March was the most stable month, with a tight range of 6.6637 CLP (High: 275.6101 / Low: 268.9464).

October Spread (Volatile) ±17.8741

March Spread (Stable) ±6.6637

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.4268 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.4268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 300.6559) against the same month in 2017 (average: 277.5795), the exchange rate shifted by +23.0763 (+8.31%).

2018 Avg (December) 300.6559

2017 Avg (December) 277.5795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	274.1682	267.0175	269.4497
February	274.1052	265.0626	269.5487
March	275.6101	268.9464	271.7423
April	274.6345	267.2428	270.3155
May	286.2124	271.5120	276.7021
June	283.7616	275.8124	278.6417
July	287.2673	274.9346	281.7687
August	294.9962	278.3306	285.1009
September	301.6062	284.6956	293.7972
October	302.2464	284.3723	294.7986
November	301.2191	290.6972	295.3609
December	306.9083	292.1737	300.6559