2014 ALL to ARS Historical Review

YEARLY HIGH

0.0800 ARS

YEARLY LOW

0.0636 ARS

YEARLY AVERAGE

0.0769 ARS

2014 ALL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0800. Conversely, the yearly low was recorded on January 5, dropping to 0.0636.

This high-to-low spread represents a total annual volatility of 0.0163 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0677 to the December average rate of 0.0751, the exchange rate registered a net change of 10.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0800 was up 24.69% compared to the 2013 peak of 0.0642, 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 400 ARS

2013 Average 259 ARS

Yearly Trough Low 318 ARS

Transaction Impact: A difference of 81.71 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0807

0.0665

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 0.0765, compared to 0.0773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0765

H2 Avg (Jul–Dec) 0.0773

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0140 ARS (High: 0.0777 / Low: 0.0636). On the other end, July was the most stable month, with a tight range of 0.0006 ARS (High: 0.0792 / Low: 0.0787).

January Spread (Volatile) ±0.0140

July Spread (Stable) ±0.0006

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 August and September, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0795) against the same month in 2013 (average: 0.0530), the exchange rate shifted by +0.0265 (+49.89%).

2014 Avg (August) 0.0795

2013 Avg (August) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0777	0.0636	0.0677
February	0.0775	0.0757	0.0764
March	0.0787	0.0773	0.0781
April	0.0793	0.0784	0.0789
May	0.0795	0.0784	0.0788
June	0.0793	0.0785	0.0789
July	0.0792	0.0787	0.0789
August	0.0800	0.0792	0.0795
September	0.0793	0.0763	0.0775
October	0.0778	0.0759	0.0771
November	0.0770	0.0754	0.0760
December	0.0763	0.0734	0.0751