2011 ARS to ANG Historical Review

YEARLY HIGH

0.4510 ANG

YEARLY LOW

0.4153 ANG

YEARLY AVERAGE

0.4327 ANG

2011 ARS to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4510. Conversely, the yearly low was recorded on November 14, dropping to 0.4153.

This high-to-low spread represents a total annual volatility of 0.0357 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4500 to the December average rate of 0.4176, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4510 was down 4.55% compared to the 2010 peak of 0.4725, 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 2,255 ANG

2010 Average 2,290 ANG

Yearly Trough Low 2,076 ANG

Transaction Impact: A difference of 178.52 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4532

0.4144

JanuMarcMayJulySeptNove

ARS to ANG 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 0.4426, compared to 0.4227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.4426

H2 Avg (Jul–Dec) 0.4227

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0080 ANG (High: 0.4300 / Low: 0.4220). On the other end, September was the most stable month, with a tight range of 0.0021 ANG (High: 0.4229 / Low: 0.4207).

August Spread (Volatile) ±0.0080

September Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0056 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4500) against the same month in 2010 (average: 0.4708), the exchange rate shifted by -0.0208 (-4.42%).

2011 Avg (January) 0.4500

2010 Avg (January) 0.4708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4510	0.4476	0.4500
February	0.4474	0.4445	0.4454
March	0.4449	0.4421	0.4439
April	0.4428	0.4388	0.4406
May	0.4396	0.4361	0.4385
June	0.4390	0.4361	0.4374
July	0.4366	0.4293	0.4321
August	0.4300	0.4220	0.4264
September	0.4229	0.4207	0.4217
October	0.4218	0.4180	0.4200
November	0.4207	0.4153	0.4185
December	0.4188	0.4161	0.4176