2011 ARS to ALL Historical Review

YEARLY HIGH

26.8993 ALL

YEARLY LOW

23.1127 ALL

YEARLY AVERAGE

24.4580 ALL

2011 ARS to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 26.8993. Conversely, the yearly low was recorded on August 29, dropping to 23.1127.

This high-to-low spread represents a total annual volatility of 3.7867 ALL. From a start-to-finish perspective, comparing the January average rate of 26.1024 to the December average rate of 24.5006, the exchange rate registered a net change of -6.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 26.8993 was down 7.52% compared to the 2010 peak of 29.0874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134,497 ALL

2010 Average 133,022 ALL

Yearly Trough Low 115,563 ALL

Transaction Impact: A difference of 18,933.29 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

26.3681

23.1797

JanuMarcMayJulySeptNove

ARS to ALL 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 24.7948, compared to 24.1212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6736 points.

H1 Avg (Jan–Jun) 24.7948

H2 Avg (Jul–Dec) 24.1212

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.6792 ALL (High: 25.3060 / Low: 23.6269). On the other end, February was the most stable month, with a tight range of 0.6271 ALL (High: 25.7582 / Low: 25.1311).

October Spread (Volatile) ±1.6792

February Spread (Stable) ±0.6271

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7177 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 26.1024) against the same month in 2010 (average: 25.4761), the exchange rate shifted by +0.6263 (+2.46%).

2011 Avg (January) 26.1024

2010 Avg (January) 25.4761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.8993	25.4932	26.1024
February	25.7582	25.1311	25.4397
March	25.1847	24.4848	24.8198
April	24.4741	23.4689	24.1020
May	24.6788	23.4823	24.2007
June	24.4079	23.7482	24.1043
July	24.2652	23.4307	23.7817
August	23.8580	23.1127	23.4454
September	24.8664	23.4252	24.2598
October	25.3060	23.6269	24.3273
November	24.8127	24.1482	24.4122
December	24.8923	23.7196	24.5006