2014 ARS to AWG Historical Review

YEARLY HIGH

0.2746 AWG

YEARLY LOW

0.2090 AWG

YEARLY AVERAGE

0.2212 AWG

2014 ARS to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2746. Conversely, the yearly low was recorded on December 21, dropping to 0.2090.

This high-to-low spread represents a total annual volatility of 0.0657 AWG. From a start-to-finish perspective, comparing the January average rate of 0.2577 to the December average rate of 0.2093, the exchange rate registered a net change of -18.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2746 was down 24.59% compared to the 2013 peak of 0.3642, 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 1,373 AWG

2013 Average 1,644 AWG

Yearly Trough Low 1,045 AWG

Transaction Impact: A difference of 328.32 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2625

0.2045

JanuMarcMayJulySeptNove

ARS to AWG 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 0.2294, compared to 0.2130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.2294

H2 Avg (Jul–Dec) 0.2130

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0514 AWG (High: 0.2746 / Low: 0.2233). On the other end, April was the most stable month, with a tight range of 0.0010 AWG (High: 0.2234 / Low: 0.2224).

January Spread (Volatile) ±0.0514

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0299 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2577) against the same month in 2013 (average: 0.3619), the exchange rate shifted by -0.1043 (-28.81%).

2014 Avg (January) 0.2577

2013 Avg (January) 0.3619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2746	0.2233	0.2577
February	0.2304	0.2232	0.2278
March	0.2276	0.2230	0.2258
April	0.2234	0.2224	0.2229
May	0.2231	0.2210	0.2221
June	0.2206	0.2194	0.2201
July	0.2202	0.2182	0.2195
August	0.2173	0.2120	0.2150
September	0.2134	0.2112	0.2126
October	0.2117	0.2100	0.2110
November	0.2111	0.2095	0.2103
December	0.2111	0.2090	0.2093