2010 ARS to BIF Historical Review

YEARLY HIGH

301.5270 BIF

YEARLY LOW

283.7892 BIF

YEARLY AVERAGE

290.6660 BIF

2010 ARS to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ARS to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 301.5270. Conversely, the yearly low was recorded on December 31, dropping to 283.7892.

This high-to-low spread represents a total annual volatility of 17.7378 BIF. From a start-to-finish perspective, comparing the January average rate of 299.8095 to the December average rate of 285.3159, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,507,635 BIF

Yearly Average 1,453,330 BIF

Yearly Trough Low 1,418,946 BIF

Transaction Impact: A difference of 88,688.89 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

301.2588

283.8666

JanuMarcMayJulySeptNove

ARS to BIF 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 294.3376, compared to 286.9945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3432 points.

H1 Avg (Jan–Jun) 294.3376

H2 Avg (Jul–Dec) 286.9945

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 7.8194 BIF (High: 296.5283 / Low: 288.7089). On the other end, November was the most stable month, with a tight range of 3.1032 BIF (High: 287.7751 / Low: 284.6719).

May Spread (Volatile) ±7.8194

November Spread (Stable) ±3.1032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.7100 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -4.7100

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 299.8095.

2010 Avg (January) 299.8095

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	301.5270	297.0415	299.8095
February	300.0928	292.8534	295.0995
March	295.8153	292.4016	294.4002
April	296.7295	292.4691	294.5531
May	296.5283	288.7089	292.1495
June	293.0500	287.7230	290.0139
July	289.8912	286.4103	288.1321
August	289.5240	285.7157	288.4558
September	288.4944	285.1141	286.7645
October	288.1592	284.8057	286.8217
November	287.7751	284.6719	286.4767
December	286.9570	283.7892	285.3159