2014 ARS to HKD Historical Review

YEARLY HIGH

1.1899 HKD

YEARLY LOW

0.9062 HKD

YEARLY AVERAGE

0.9591 HKD

2014 ARS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1899. Conversely, the yearly low was recorded on December 13, dropping to 0.9062.

This high-to-low spread represents a total annual volatility of 0.2837 HKD. From a start-to-finish perspective, comparing the January average rate of 1.1166 to the December average rate of 0.9075, the exchange rate registered a net change of -18.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1899 was down 24.54% compared to the 2013 peak of 1.5769, 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 5,950 HKD

2013 Average 7,121 HKD

Yearly Trough Low 4,531 HKD

Transaction Impact: A difference of 1,418.42 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1375

0.8866

JanuMarcMayJulySeptNove

ARS to HKD 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 0.9951, compared to 0.9230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0721 points.

H1 Avg (Jan–Jun) 0.9951

H2 Avg (Jul–Dec) 0.9230

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2212 HKD (High: 1.1899 / Low: 0.9687). On the other end, April was the most stable month, with a tight range of 0.0021 HKD (High: 0.9696 / Low: 0.9675).

January Spread (Volatile) ±0.2212

April Spread (Stable) ±0.0021

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 0.1294 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.1166) against the same month in 2013 (average: 1.5675), the exchange rate shifted by -0.4510 (-28.77%).

2014 Avg (January) 1.1166

2013 Avg (January) 1.5675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1899	0.9687	1.1166
February	0.9982	0.9682	0.9872
March	0.9869	0.9693	0.9794
April	0.9696	0.9675	0.9689
May	0.9691	0.9598	0.9646
June	0.9595	0.9524	0.9540
July	0.9548	0.9445	0.9506
August	0.9422	0.9210	0.9325
September	0.9241	0.9162	0.9211
October	0.9194	0.9097	0.9151
November	0.9143	0.9074	0.9110
December	0.9145	0.9062	0.9075