2010 AFN to ARS Historical Review

YEARLY HIGH

0.0927 ARS

YEARLY LOW

0.0775 ARS

YEARLY AVERAGE

0.0866 ARS

2010 AFN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the AFN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.0927. Conversely, the yearly low was recorded on January 12, dropping to 0.0775.

This high-to-low spread represents a total annual volatility of 0.0152 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0924, the exchange rate registered a net change of 17.03% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 463 ARS

Yearly Average 433 ARS

Yearly Trough Low 387 ARS

Transaction Impact: A difference of 76.00 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0938

0.0776

JanuMarcMayJulySeptNove

AFN to ARS 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 0.0828, compared to 0.0904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0828

H2 Avg (Jul–Dec) 0.0904

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0050 ARS (High: 0.0859 / Low: 0.0810). On the other end, December was the most stable month, with a tight range of 0.0004 ARS (High: 0.0927 / Low: 0.0923).

May Spread (Volatile) ±0.0050

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 0.0924.

2010 Avg (December) 0.0924

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0799	0.0775	0.0790
February	0.0814	0.0788	0.0806
March	0.0842	0.0809	0.0827
April	0.0843	0.0839	0.0841
May	0.0859	0.0810	0.0848
June	0.0868	0.0831	0.0857
July	0.0905	0.0864	0.0874
August	0.0906	0.0872	0.0892
September	0.0906	0.0885	0.0895
October	0.0920	0.0903	0.0914
November	0.0925	0.0919	0.0922
December	0.0927	0.0923	0.0924