2010 ARS to GIP Historical Review

YEARLY HIGH

0.1794 GIP

YEARLY LOW

0.1554 GIP

YEARLY AVERAGE

0.1657 GIP

2010 ARS to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ARS to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.1794. Conversely, the yearly low was recorded on November 4, dropping to 0.1554.

This high-to-low spread represents a total annual volatility of 0.0240 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1627 to the December average rate of 0.1613, the exchange rate registered a net change of -0.82% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 897 GIP

Yearly Average 828 GIP

Yearly Trough Low 777 GIP

Transaction Impact: A difference of 119.77 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1766

0.1561

JanuMarcMayJulySeptNove

ARS to GIP 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 0.1696, compared to 0.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.1696

H2 Avg (Jul–Dec) 0.1617

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0106 GIP (High: 0.1794 / Low: 0.1687). On the other end, April was the most stable month, with a tight range of 0.0030 GIP (High: 0.1699 / Low: 0.1669).

May Spread (Volatile) ±0.0106

April Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.1749.

2010 Avg (May) 0.1749

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1652	0.1610	0.1627
February	0.1704	0.1634	0.1667
March	0.1744	0.1688	0.1722
April	0.1699	0.1669	0.1684
May	0.1794	0.1687	0.1749
June	0.1767	0.1690	0.1729
July	0.1695	0.1623	0.1664
August	0.1649	0.1594	0.1624
September	0.1654	0.1589	0.1628
October	0.1609	0.1577	0.1593
November	0.1620	0.1554	0.1578
December	0.1634	0.1589	0.1613