2011 ARS to DJF Historical Review

YEARLY HIGH

44.7562 DJF

YEARLY LOW

41.4346 DJF

YEARLY AVERAGE

43.0951 DJF

2011 ARS to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 44.7562. Conversely, the yearly low was recorded on December 30, dropping to 41.4346.

This high-to-low spread represents a total annual volatility of 3.3216 DJF. From a start-to-finish perspective, comparing the January average rate of 44.6601 to the December average rate of 41.5621, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 44.7562 was down 4.54% compared to the 2010 peak of 46.8852, 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 223,781 DJF

2010 Average 227,259 DJF

Yearly Trough Low 207,173 DJF

Transaction Impact: A difference of 16,607.99 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

44.9699

41.2523

JanuMarcMayJulySeptNove

ARS to DJF 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 43.9279, compared to 42.2624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6655 points.

H1 Avg (Jan–Jun) 43.9279

H2 Avg (Jul–Dec) 42.2624

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.6728 DJF (High: 43.0123 / Low: 42.3394). On the other end, September was the most stable month, with a tight range of 0.1713 DJF (High: 42.3863 / Low: 42.2150).

August Spread (Volatile) ±0.6728

September Spread (Stable) ±0.1713

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 July and August, when the average rate fell by 0.4689 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.4689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 44.6601) against the same month in 2010 (average: 46.7182), the exchange rate shifted by -2.0582 (-4.41%).

2011 Avg (January) 44.6601

2010 Avg (January) 46.7182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.7562	44.4176	44.6601
February	44.3973	44.1153	44.2047
March	44.1528	43.8740	44.0549
April	43.9480	43.5453	43.7252
May	43.6239	43.2846	43.5140
June	43.5712	43.2782	43.4087
July	43.4336	42.9387	43.1538
August	43.0123	42.3394	42.6849
September	42.3863	42.2150	42.2950
October	42.2824	41.9435	42.1325
November	41.9569	41.5274	41.7459
December	41.6747	41.4346	41.5621