2013 AOA to ARS Historical Review

YEARLY HIGH

0.0668 ARS

YEARLY LOW

0.0513 ARS

YEARLY AVERAGE

0.0567 ARS

2013 AOA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AOA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0668. Conversely, the yearly low was recorded on January 1, dropping to 0.0513.

This high-to-low spread represents a total annual volatility of 0.0155 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0516 to the December average rate of 0.0649, the exchange rate registered a net change of 25.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0668 was up 30.23% compared to the 2012 peak of 0.0513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 334 ARS

2012 Average 238 ARS

Yearly Trough Low 256 ARS

Transaction Impact: A difference of 77.65 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0662

0.0503

JanuMarcMayJulySeptNove

AOA 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 0.0534, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0534

H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0038 ARS (High: 0.0668 / Low: 0.0630). On the other end, September was the most stable month, with a tight range of 0.0006 ARS (High: 0.0595 / Low: 0.0589).

December Spread (Volatile) ±0.0038

September Spread (Stable) ±0.0006

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 2013: 0.0649) against the same month in 2012 (average: 0.0509), the exchange rate shifted by +0.0140 (+27.42%).

2013 Avg (December) 0.0649

2012 Avg (December) 0.0509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0519	0.0513	0.0516
February	0.0526	0.0519	0.0522
March	0.0535	0.0526	0.0529
April	0.0540	0.0533	0.0536
May	0.0549	0.0540	0.0545
June	0.0559	0.0549	0.0554
July	0.0573	0.0560	0.0565
August	0.0590	0.0571	0.0579
September	0.0595	0.0589	0.0592
October	0.0609	0.0592	0.0600
November	0.0631	0.0609	0.0618
December	0.0668	0.0630	0.0649