2014 ARS to MVR Historical Review

YEARLY HIGH

2.3600 MVR

YEARLY LOW

1.7846 MVR

YEARLY AVERAGE

1.9032 MVR

2014 ARS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.3600. Conversely, the yearly low was recorded on December 11, dropping to 1.7846.

This high-to-low spread represents a total annual volatility of 0.5754 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2161 to the December average rate of 1.7891, the exchange rate registered a net change of -19.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.3600 was down 24.80% compared to the 2013 peak of 3.1385, 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 11,800 MVR

2013 Average 14,121 MVR

Yearly Trough Low 8,923 MVR

Transaction Impact: A difference of 2,877.21 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2588

1.7464

JanuMarcMayJulySeptNove

ARS to MVR 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 1.9770, compared to 1.8294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1476 points.

H1 Avg (Jan–Jun) 1.9770

H2 Avg (Jul–Dec) 1.8294

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.4376 MVR (High: 2.3600 / Low: 1.9225). On the other end, April was the most stable month, with a tight range of 0.0109 MVR (High: 1.9308 / Low: 1.9199).

January Spread (Volatile) ±0.4376

April Spread (Stable) ±0.0109

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 0.2559 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.2559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2.2161) against the same month in 2013 (average: 3.1183), the exchange rate shifted by -0.9022 (-28.93%).

2014 Avg (January) 2.2161

2013 Avg (January) 3.1183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3600	1.9225	2.2161
February	1.9859	1.9237	1.9602
March	1.9574	1.9262	1.9439
April	1.9308	1.9199	1.9246
May	1.9294	1.9089	1.9176
June	1.9207	1.8920	1.8998
July	1.8961	1.8797	1.8893
August	1.8740	1.8266	1.8514
September	1.8337	1.8163	1.8284
October	1.8253	1.8072	1.8171
November	1.8166	1.7871	1.8013
December	1.8052	1.7846	1.7891