2013 ARS to LRD Historical Review

YEARLY HIGH

15.0522 LRD

YEARLY LOW

12.3730 LRD

YEARLY AVERAGE

14.0475 LRD

2013 ARS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 15.0522. Conversely, the yearly low was recorded on December 30, dropping to 12.3730.

This high-to-low spread represents a total annual volatility of 2.6792 LRD. From a start-to-finish perspective, comparing the January average rate of 14.9621 to the December average rate of 12.7609, the exchange rate registered a net change of -14.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 15.0522 was down 11.52% compared to the 2012 peak of 17.0112, 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 75,261 LRD

2012 Average 81,155 LRD

Yearly Trough Low 61,865 LRD

Transaction Impact: A difference of 13,396.18 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

15.1822

12.5408

JanuMarcMayJulySeptNove

ARS to LRD 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 14.5503, compared to 13.5446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0056 points.

H1 Avg (Jan–Jun) 14.5503

H2 Avg (Jul–Dec) 13.5446

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.7903 LRD (High: 13.1633 / Low: 12.3730). On the other end, April was the most stable month, with a tight range of 0.2098 LRD (High: 14.5886 / Low: 14.3788).

December Spread (Volatile) ±0.7903

April Spread (Stable) ±0.2098

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 0.6506 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 14.9621) against the same month in 2012 (average: 16.8314), the exchange rate shifted by -1.8693 (-11.11%).

2013 Avg (January) 14.9621

2012 Avg (January) 16.8314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.0522	14.7305	14.9621
February	14.9649	14.7486	14.8452
March	14.7641	14.4714	14.6110
April	14.5886	14.3788	14.4687
May	14.5178	14.1165	14.2947
June	14.3286	13.8773	14.1201
July	14.0543	13.6205	13.8166
August	14.1085	13.4829	13.8590
September	13.8758	13.3556	13.7042
October	13.8372	13.5459	13.7156
November	13.6565	13.1435	13.4115
December	13.1633	12.3730	12.7609