2020 TOP to CLP Historical Review

YEARLY HIGH

369.8248 CLP

YEARLY LOW

312.0838 CLP

YEARLY AVERAGE

344.1105 CLP

2020 TOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 369.8248. Conversely, the yearly low was recorded on December 23, dropping to 312.0838.

This high-to-low spread represents a total annual volatility of 57.7410 CLP. From a start-to-finish perspective, comparing the January average rate of 336.8713 to the December average rate of 319.8238, the exchange rate registered a net change of -5.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 369.8248 was up 0.06% compared to the 2019 peak of 369.6096, 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 1,849,124 CLP

2019 Average 1,535,587 CLP

Yearly Trough Low 1,560,419 CLP

Transaction Impact: A difference of 288,704.92 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

369.7858

315.2818

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 351.8131, compared to 336.4079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.4051 points.

H1 Avg (Jan–Jun) 351.8131

H2 Avg (Jul–Dec) 336.4079

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 21.3984 CLP (High: 345.4742 / Low: 324.0758). On the other end, September was the most stable month, with a tight range of 8.9849 CLP (High: 342.8575 / Low: 333.8726).

January Spread (Volatile) ±21.3984

September Spread (Stable) ±8.9849

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 11.6412 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.6412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 365.2438) against the same month in 2019 (average: 293.8728), the exchange rate shifted by +71.3710 (+24.29%).

2020 Avg (April) 365.2438

2019 Avg (April) 293.8728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	345.4742	324.0758	336.8713
February	352.7483	335.2868	344.5794
March	366.8062	349.1650	357.8184
April	369.8248	358.2876	365.2438
May	364.2029	348.7089	355.2433
June	360.2217	339.1856	351.1222
July	353.2216	332.8280	343.7923
August	353.6165	332.6561	344.3941
September	342.8575	333.8726	338.6293
October	347.7950	332.2541	340.3431
November	337.1349	325.3497	331.4650
December	332.1436	312.0838	319.8238