2013 ARS to BWP Historical Review

YEARLY HIGH

1.6432 BWP

YEARLY LOW

1.3422 BWP

YEARLY AVERAGE

1.5394 BWP

2013 ARS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.6432. Conversely, the yearly low was recorded on December 30, dropping to 1.3422.

This high-to-low spread represents a total annual volatility of 0.3010 BWP. From a start-to-finish perspective, comparing the January average rate of 1.6030 to the December average rate of 1.3743, the exchange rate registered a net change of -14.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.6432 was down 7.76% compared to the 2012 peak of 1.7814, 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 8,216 BWP

2012 Average 8,404 BWP

Yearly Trough Low 6,711 BWP

Transaction Impact: A difference of 1,505.03 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.6389

1.3503

JanuMarcMayJulySeptNove

ARS to BWP 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 1.6002, compared to 1.4787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1215 points.

H1 Avg (Jan–Jun) 1.6002

H2 Avg (Jul–Dec) 1.4787

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0894 BWP (High: 1.6427 / Low: 1.5533). On the other end, March was the most stable month, with a tight range of 0.0159 BWP (High: 1.6252 / Low: 1.6094).

May Spread (Volatile) ±0.0894

March Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0620 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 1.6132) against the same month in 2012 (average: 1.7471), the exchange rate shifted by -0.1339 (-7.67%).

2013 Avg (June) 1.6132

2012 Avg (June) 1.7471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6228	1.5815	1.6030
February	1.6133	1.5890	1.5998
March	1.6252	1.6094	1.6148
April	1.6100	1.5594	1.5858
May	1.6427	1.5533	1.5847
June	1.6432	1.5938	1.6132
July	1.6174	1.5428	1.5771
August	1.5533	1.5289	1.5409
September	1.5372	1.4560	1.4927
October	1.4776	1.4306	1.4507
November	1.4651	1.4077	1.4363
December	1.4087	1.3422	1.3743