2011 ARS to BND Historical Review

YEARLY HIGH

0.3265 BND

YEARLY LOW

0.2868 BND

YEARLY AVERAGE

0.3047 BND

2011 ARS to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.3265. Conversely, the yearly low was recorded on September 4, dropping to 0.2868.

This high-to-low spread represents a total annual volatility of 0.0397 BND. From a start-to-finish perspective, comparing the January average rate of 0.3236 to the December average rate of 0.3022, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3265 was down 11.68% compared to the 2010 peak of 0.3696, 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 1,632 BND

2010 Average 1,744 BND

Yearly Trough Low 1,434 BND

Transaction Impact: A difference of 198.41 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3269

0.2872

JanuMarcMayJulySeptNove

ARS to BND 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 0.3112, compared to 0.2983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.3112

H2 Avg (Jul–Dec) 0.2983

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0190 BND (High: 0.3058 / Low: 0.2868). On the other end, February was the most stable month, with a tight range of 0.0037 BND (High: 0.3192 / Low: 0.3156).

September Spread (Volatile) ±0.0190

February Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.3236) against the same month in 2010 (average: 0.3674), the exchange rate shifted by -0.0438 (-11.92%).

2011 Avg (January) 0.3236

2010 Avg (January) 0.3674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3265	0.3204	0.3236
February	0.3192	0.3156	0.3175
March	0.3174	0.3111	0.3145
April	0.3116	0.3001	0.3069
May	0.3062	0.2996	0.3030
June	0.3033	0.2991	0.3016
July	0.2996	0.2906	0.2955
August	0.2943	0.2871	0.2905
September	0.3058	0.2868	0.2959
October	0.3116	0.2940	0.3025
November	0.3079	0.2979	0.3030
December	0.3058	0.2984	0.3022