2012 ALL to ARS Historical Review

YEARLY HIGH

0.0465 ARS

YEARLY LOW

0.0396 ARS

YEARLY AVERAGE

0.0421 ARS

2012 ALL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ALL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0465. Conversely, the yearly low was recorded on January 16, dropping to 0.0396.

This high-to-low spread represents a total annual volatility of 0.0070 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0458, the exchange rate registered a net change of 13.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0465 was up 7.55% compared to the 2011 peak of 0.0433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 ARS

2011 Average 205 ARS

Yearly Trough Low 198 ARS

Transaction Impact: A difference of 34.86 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0463

0.0397

JanuMarcMayJulySeptNove

ALL 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 0.0409, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0409

H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0019 ARS (High: 0.0441 / Low: 0.0422). On the other end, April was the most stable month, with a tight range of 0.0007 ARS (High: 0.0417 / Low: 0.0410).

September Spread (Volatile) ±0.0019

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0458) against the same month in 2011 (average: 0.0408), the exchange rate shifted by +0.0050 (+12.15%).

2012 Avg (December) 0.0458

2011 Avg (December) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0412	0.0396	0.0403
February	0.0419	0.0408	0.0413
March	0.0416	0.0407	0.0411
April	0.0417	0.0410	0.0413
May	0.0416	0.0398	0.0408
June	0.0413	0.0399	0.0406
July	0.0413	0.0401	0.0407
August	0.0422	0.0406	0.0416
September	0.0441	0.0422	0.0433
October	0.0444	0.0432	0.0439
November	0.0449	0.0434	0.0440
December	0.0465	0.0449	0.0458