2013 ARS to LTL Historical Review

YEARLY HIGH

0.5357 LTL

YEARLY LOW

0.3841 LTL

YEARLY AVERAGE

0.4782 LTL

2013 ARS to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5357. Conversely, the yearly low was recorded on December 30, dropping to 0.3841.

This high-to-low spread represents a total annual volatility of 0.1517 LTL. From a start-to-finish perspective, comparing the January average rate of 0.5251 to the December average rate of 0.3980, the exchange rate registered a net change of -24.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5357 was down 15.29% compared to the 2012 peak of 0.6324, 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 2,679 LTL

2012 Average 2,959 LTL

Yearly Trough Low 1,920 LTL

Transaction Impact: A difference of 758.45 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.5379

0.3853

JanuMarcMayJulySeptNove

ARS to LTL 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 0.5133, compared to 0.4431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0702 points.

H1 Avg (Jan–Jun) 0.5133

H2 Avg (Jul–Dec) 0.4431

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0301 LTL (High: 0.4142 / Low: 0.3841). On the other end, March was the most stable month, with a tight range of 0.0088 LTL (High: 0.5266 / Low: 0.5178).

December Spread (Volatile) ±0.0301

March Spread (Stable) ±0.0088

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 0.0277 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.5251) against the same month in 2012 (average: 0.6197), the exchange rate shifted by -0.0946 (-15.26%).

2013 Avg (January) 0.5251

2012 Avg (January) 0.6197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5357	0.5111	0.5251
February	0.5234	0.5081	0.5162
March	0.5266	0.5178	0.5235
April	0.5261	0.5078	0.5148
May	0.5137	0.5028	0.5083
June	0.5032	0.4835	0.4917
July	0.4982	0.4724	0.4856
August	0.4740	0.4578	0.4648
September	0.4613	0.4412	0.4511
October	0.4408	0.4253	0.4332
November	0.4332	0.4139	0.4258
December	0.4142	0.3841	0.3980