2014 ARS to BBD Historical Review

YEARLY HIGH

0.3069 BBD

YEARLY LOW

0.2338 BBD

YEARLY AVERAGE

0.2473 BBD

2014 ARS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3069. Conversely, the yearly low was recorded on December 28, dropping to 0.2338.

This high-to-low spread represents a total annual volatility of 0.0731 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2879 to the December average rate of 0.2341, the exchange rate registered a net change of -18.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3069 was down 24.57% compared to the 2013 peak of 0.4069, 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 1,535 BBD

2013 Average 1,836 BBD

Yearly Trough Low 1,169 BBD

Transaction Impact: A difference of 365.63 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2933

0.2287

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 0.2566, compared to 0.2381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.2566

H2 Avg (Jul–Dec) 0.2381

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0574 BBD (High: 0.3069 / Low: 0.2495). On the other end, April was the most stable month, with a tight range of 0.0005 BBD (High: 0.2500 / Low: 0.2495).

January Spread (Volatile) ±0.0574

April Spread (Stable) ±0.0005

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 0.0334 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2879) against the same month in 2013 (average: 0.4044), the exchange rate shifted by -0.1165 (-28.81%).

2014 Avg (January) 0.2879

2013 Avg (January) 0.4044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3069	0.2495	0.2879
February	0.2574	0.2494	0.2545
March	0.2543	0.2499	0.2524
April	0.2500	0.2495	0.2499
May	0.2500	0.2476	0.2489
June	0.2475	0.2457	0.2461
July	0.2463	0.2438	0.2453
August	0.2431	0.2377	0.2406
September	0.2385	0.2360	0.2376
October	0.2369	0.2346	0.2359
November	0.2359	0.2341	0.2350
December	0.2358	0.2338	0.2341