2013 ARS to GIP Historical Review

YEARLY HIGH

0.1293 GIP

YEARLY LOW

0.0927 GIP

YEARLY AVERAGE

0.1168 GIP

2013 ARS to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.1293. Conversely, the yearly low was recorded on December 31, dropping to 0.0927.

This high-to-low spread represents a total annual volatility of 0.0366 GIP. From a start-to-finish perspective, comparing the January average rate of 0.1266 to the December average rate of 0.0964, the exchange rate registered a net change of -23.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1293 was down 14.64% compared to the 2012 peak of 0.1515, 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 646 GIP

2012 Average 695 GIP

Yearly Trough Low 463 GIP

Transaction Impact: A difference of 183.13 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1296

0.0934

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 0.1248, compared to 0.1088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.1248

H2 Avg (Jul–Dec) 0.1088

Volatility Range Comparison

Volatility

The most volatile month in 2013 was April, with a trading range of 0.0069 GIP (High: 0.1293 / Low: 0.1224). On the other end, January was the most stable month, with a tight range of 0.0012 GIP (High: 0.1273 / Low: 0.1261).

April Spread (Volatile) ±0.0069

January Spread (Stable) ±0.0012

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 0.0068 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 0.1266) against the same month in 2012 (average: 0.1422), the exchange rate shifted by -0.0156 (-10.99%).

2013 Avg (April) 0.1266

2012 Avg (April) 0.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1273	0.1261	0.1266
February	0.1275	0.1241	0.1264
March	0.1240	0.1220	0.1230
April	0.1293	0.1224	0.1266
May	0.1265	0.1236	0.1249
June	0.1246	0.1193	0.1213
July	0.1243	0.1186	0.1212
August	0.1200	0.1138	0.1157
September	0.1137	0.1069	0.1100
October	0.1076	0.1052	0.1064
November	0.1060	0.0995	0.1033
December	0.0995	0.0927	0.0964