2014 ARS to CNY Historical Review

YEARLY HIGH

0.9308 CNY

YEARLY LOW

0.7161 CNY

YEARLY AVERAGE

0.7616 CNY

2014 ARS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9308. Conversely, the yearly low was recorded on November 6, dropping to 0.7161.

This high-to-low spread represents a total annual volatility of 0.2147 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8737 to the December average rate of 0.7233, the exchange rate registered a net change of -17.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9308 was down 26.81% compared to the 2013 peak of 1.2717, 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 4,654 CNY

2013 Average 5,658 CNY

Yearly Trough Low 3,580 CNY

Transaction Impact: A difference of 1,073.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8890

0.7048

JanuMarcMayJulySeptNove

ARS to CNY 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 0.7904, compared to 0.7327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0576 points.

H1 Avg (Jan–Jun) 0.7904

H2 Avg (Jul–Dec) 0.7327

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1735 CNY (High: 0.9308 / Low: 0.7572). On the other end, April was the most stable month, with a tight range of 0.0061 CNY (High: 0.7799 / Low: 0.7739).

January Spread (Volatile) ±0.1735

April Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0995 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.8737) against the same month in 2013 (average: 1.2607), the exchange rate shifted by -0.3870 (-30.70%).

2014 Avg (January) 0.8737

2013 Avg (January) 1.2607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9308	0.7572	0.8737
February	0.7821	0.7570	0.7742
March	0.7811	0.7742	0.7783
April	0.7799	0.7739	0.7765
May	0.7800	0.7712	0.7745
June	0.7713	0.7618	0.7651
July	0.7645	0.7523	0.7596
August	0.7511	0.7303	0.7407
September	0.7320	0.7248	0.7297
October	0.7274	0.7173	0.7230
November	0.7227	0.7161	0.7202
December	0.7304	0.7195	0.7233