2013 ARS to BBD Historical Review

YEARLY HIGH

0.4069 BBD

YEARLY LOW

0.3067 BBD

YEARLY AVERAGE

0.3674 BBD

2013 ARS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4069. Conversely, the yearly low was recorded on December 30, dropping to 0.3067.

This high-to-low spread represents a total annual volatility of 0.1002 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4044 to the December average rate of 0.3158, the exchange rate registered a net change of -21.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4069 was down 12.51% compared to the 2012 peak of 0.4650, 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 2,034 BBD

2012 Average 2,203 BBD

Yearly Trough Low 1,534 BBD

Transaction Impact: A difference of 500.90 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4132

0.3070

JanuMarcMayJulySeptNove

ARS to BBD 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 0.3904, compared to 0.3444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0460 points.

H1 Avg (Jan–Jun) 0.3904

H2 Avg (Jul–Dec) 0.3444

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0192 BBD (High: 0.3259 / Low: 0.3067). On the other end, January was the most stable month, with a tight range of 0.0050 BBD (High: 0.4069 / Low: 0.4018).

December Spread (Volatile) ±0.0192

January Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0169 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.4044) against the same month in 2012 (average: 0.4631), the exchange rate shifted by -0.0587 (-12.68%).

2013 Avg (January) 0.4044

2012 Avg (January) 0.4631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4069	0.4018	0.4044
February	0.4017	0.3965	0.3994
March	0.3964	0.3898	0.3931
April	0.3910	0.3859	0.3883
May	0.3857	0.3787	0.3821
June	0.3786	0.3711	0.3753
July	0.3710	0.3635	0.3679
August	0.3632	0.3528	0.3586
September	0.3526	0.3456	0.3490
October	0.3453	0.3386	0.3423
November	0.3377	0.3259	0.3328
December	0.3259	0.3067	0.3158