2012 ANG to ARS Historical Review

YEARLY HIGH

2.7630 ARS

YEARLY LOW

2.4026 ARS

YEARLY AVERAGE

2.5474 ARS

2012 ANG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ANG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.7630. Conversely, the yearly low was recorded on January 1, dropping to 2.4026.

This high-to-low spread represents a total annual volatility of 0.3603 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4127 to the December average rate of 2.7358, the exchange rate registered a net change of 13.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.7630 was up 14.74% compared to the 2011 peak of 2.4081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,815 ARS

2011 Average 11,566 ARS

Yearly Trough Low 12,013 ARS

Transaction Impact: A difference of 1,801.57 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.7681

2.3804

JanuMarcMayJulySeptNove

ANG 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 2.4524, compared to 2.6425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1901 points.

H1 Avg (Jan–Jun) 2.4524

H2 Avg (Jul–Dec) 2.6425

Volatility Range Comparison

Volatility

The most volatile month in 2012 was December, with a trading range of 0.0564 ARS (High: 2.7630 / Low: 2.7066). On the other end, February was the most stable month, with a tight range of 0.0160 ARS (High: 2.4364 / Low: 2.4204).

December Spread (Volatile) ±0.0564

February Spread (Stable) ±0.0160

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

Comparing the current year's strongest month average (December 2012: 2.7358) against the same month in 2011 (average: 2.3947), the exchange rate shifted by +0.3411 (+14.25%).

2012 Avg (December) 2.7358

2011 Avg (December) 2.3947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4228	2.4026	2.4127
February	2.4364	2.4204	2.4281
March	2.4425	2.4217	2.4328
April	2.4654	2.4413	2.4548
May	2.4971	2.4643	2.4835
June	2.5234	2.4692	2.5024
July	2.5812	2.5296	2.5584
August	2.6116	2.5774	2.5943
September	2.6336	2.6091	2.6236
October	2.6787	2.6275	2.6514
November	2.7161	2.6623	2.6913
December	2.7630	2.7066	2.7358