2010 ARS to BTN Historical Review

YEARLY HIGH

12.2104 BTN

YEARLY LOW

11.0903 BTN

YEARLY AVERAGE

11.6902 BTN

2010 ARS to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ARS to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.2104. Conversely, the yearly low was recorded on November 7, dropping to 11.0903.

This high-to-low spread represents a total annual volatility of 1.1201 BTN. From a start-to-finish perspective, comparing the January average rate of 12.0871 to the December average rate of 11.3389, the exchange rate registered a net change of -6.19% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 61,052 BTN

Yearly Average 58,451 BTN

Yearly Trough Low 55,451 BTN

Transaction Impact: A difference of 5,600.31 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

12.1742

11.1286

JanuMarcMayJulySeptNove

ARS to BTN 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 11.8349, compared to 11.5455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2894 points.

H1 Avg (Jan–Jun) 11.8349

H2 Avg (Jul–Dec) 11.5455

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.7660 BTN (High: 12.2073 / Low: 11.4413). On the other end, October was the most stable month, with a tight range of 0.1351 BTN (High: 11.2832 / Low: 11.1481).

May Spread (Volatile) ±0.7660

October Spread (Stable) ±0.1351

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.4246 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4246

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 12.0871.

2010 Avg (January) 12.0871

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2104	11.9039	12.0871
February	12.1944	11.9358	12.0359
March	11.8965	11.6024	11.7782
April	11.5639	11.4123	11.4869
May	12.2073	11.4413	11.7585
June	12.0311	11.6533	11.8629
July	12.0403	11.8085	11.9063
August	11.9196	11.7058	11.8301
September	11.8479	11.3227	11.6403
October	11.2832	11.1481	11.2157
November	11.5570	11.0903	11.3416
December	11.4227	11.2226	11.3389