2012 ARS to GNF Historical Review

YEARLY HIGH

1632.1001 GNF

YEARLY LOW

1413.6247 GNF

YEARLY AVERAGE

1551.8675 GNF

2012 ARS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ARS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 1632.1001. Conversely, the yearly low was recorded on December 18, dropping to 1413.6247.

This high-to-low spread represents a total annual volatility of 218.4754 GNF. From a start-to-finish perspective, comparing the January average rate of 1610.6894 to the December average rate of 1447.6984, the exchange rate registered a net change of -10.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1632.1001 was down 15.00% compared to the 2011 peak of 1920.2203, 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 8,160,501 GNF

2011 Average 8,385,540 GNF

Yearly Trough Low 7,068,123 GNF

Transaction Impact: A difference of 1,092,377.15 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1635.1699

1430.6555

JanuMarcMayJulySeptNove

ARS to GNF 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 1592.5562, compared to 1511.1788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 81.3774 points.

H1 Avg (Jan–Jun) 1592.5562

H2 Avg (Jul–Dec) 1511.1788

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 71.1707 GNF (High: 1620.6823 / Low: 1549.5116). On the other end, January was the most stable month, with a tight range of 22.3749 GNF (High: 1618.0370 / Low: 1595.6621).

June Spread (Volatile) ±71.1707

January Spread (Stable) ±22.3749

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 35.5516 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -35.5516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 1618.1271) against the same month in 2011 (average: 1768.8090), the exchange rate shifted by -150.6820 (-8.52%).

2012 Avg (March) 1618.1271

2011 Avg (March) 1768.8090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1618.0370	1595.6621	1610.6894
February	1606.5540	1573.9241	1589.8209
March	1632.1001	1564.7588	1618.1271
April	1624.8536	1572.6127	1594.9345
May	1590.8406	1525.6003	1568.7968
June	1620.6823	1549.5116	1572.9688
July	1582.4169	1554.1780	1567.4284
August	1569.4043	1537.6999	1552.9574
September	1549.8839	1485.7079	1517.4059
October	1519.1068	1469.4805	1500.9846
November	1498.0678	1457.7196	1480.5984
December	1478.0553	1413.6247	1447.6984