2014 ARS to KMF Historical Review

YEARLY HIGH

55.2316 KMF

YEARLY LOW

44.1456 KMF

YEARLY AVERAGE

45.8018 KMF

2014 ARS to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 55.2316. Conversely, the yearly low was recorded on August 23, dropping to 44.1456.

This high-to-low spread represents a total annual volatility of 11.0861 KMF. From a start-to-finish perspective, comparing the January average rate of 51.9878 to the December average rate of 46.8084, the exchange rate registered a net change of -9.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 55.2316 was down 27.87% compared to the 2013 peak of 76.5732, 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 276,158 KMF

2013 Average 340,667 KMF

Yearly Trough Low 220,728 KMF

Transaction Impact: A difference of 55,430.28 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

52.7463

43.6445

JanuMarcMayJulySeptNove

ARS to KMF 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 46.0677, compared to 45.5359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5318 points.

H1 Avg (Jan–Jun) 46.0677

H2 Avg (Jul–Dec) 45.5359

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 10.2167 KMF (High: 55.2316 / Low: 45.0150). On the other end, August was the most stable month, with a tight range of 0.4407 KMF (High: 44.5863 / Low: 44.1456).

January Spread (Volatile) ±10.2167

August Spread (Stable) ±0.4407

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.1355 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 51.9878) against the same month in 2013 (average: 74.9245), the exchange rate shifted by -22.9367 (-30.61%).

2014 Avg (January) 51.9878

2013 Avg (January) 74.9245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.2316	45.0150	51.9878
February	46.3110	45.3970	45.8523
March	45.4439	44.5013	44.9085
April	44.8810	44.2711	44.5429
May	44.8319	44.2034	44.5889
June	44.7527	44.2519	44.5259
July	44.8548	44.2679	44.5576
August	44.5863	44.1456	44.4030
September	46.0781	44.2991	45.2854
October	46.5352	45.4394	45.8148
November	46.6165	46.0069	46.3460
December	47.8899	46.0529	46.8084