2011 ARS to BOB Historical Review

YEARLY HIGH

1.7653 BOB

YEARLY LOW

1.5997 BOB

YEARLY AVERAGE

1.6894 BOB

2011 ARS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.7653. Conversely, the yearly low was recorded on December 29, dropping to 1.5997.

This high-to-low spread represents a total annual volatility of 0.1656 BOB. From a start-to-finish perspective, comparing the January average rate of 1.7561 to the December average rate of 1.6085, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7653 was down 6.46% compared to the 2010 peak of 1.8872, 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 8,826 BOB

2010 Average 8,964 BOB

Yearly Trough Low 7,999 BOB

Transaction Impact: A difference of 827.79 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.7709

1.5937

JanuMarcMayJulySeptNove

ARS to BOB 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 1.7277, compared to 1.6511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 1.7277

H2 Avg (Jul–Dec) 1.6511

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0580 BOB (High: 1.6946 / Low: 1.6366). On the other end, December was the most stable month, with a tight range of 0.0159 BOB (High: 1.6156 / Low: 1.5997).

August Spread (Volatile) ±0.0580

December Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0260 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.7561) against the same month in 2010 (average: 1.8423), the exchange rate shifted by -0.0862 (-4.68%).

2011 Avg (January) 1.7561

2010 Avg (January) 1.8423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7653	1.7389	1.7561
February	1.7515	1.7306	1.7423
March	1.7419	1.7215	1.7342
April	1.7336	1.7048	1.7216
May	1.7185	1.6867	1.7110
June	1.7155	1.6775	1.7011
July	1.7129	1.6623	1.6911
August	1.6946	1.6366	1.6699
September	1.6705	1.6337	1.6534
October	1.6677	1.6335	1.6550
November	1.6543	1.6139	1.6290
December	1.6156	1.5997	1.6085