2011 ARS to PHP Historical Review

YEARLY HIGH

11.1988 PHP

YEARLY LOW

10.0318 PHP

YEARLY AVERAGE

10.4984 PHP

2011 ARS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 11.1988. Conversely, the yearly low was recorded on September 4, dropping to 10.0318.

This high-to-low spread represents a total annual volatility of 1.1670 PHP. From a start-to-finish perspective, comparing the January average rate of 11.1081 to the December average rate of 10.1779, the exchange rate registered a net change of -8.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.1988 was down 8.55% compared to the 2010 peak of 12.2454, 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 55,994 PHP

2010 Average 57,662 PHP

Yearly Trough Low 50,159 PHP

Transaction Impact: A difference of 5,834.96 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.2011

10.0849

JanuMarcMayJulySeptNove

ARS to PHP 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 10.7554, compared to 10.2413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5141 points.

H1 Avg (Jan–Jun) 10.7554

H2 Avg (Jul–Dec) 10.2413

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.4423 PHP (High: 10.4741 / Low: 10.0318). On the other end, June was the most stable month, with a tight range of 0.1476 PHP (High: 10.6981 / Low: 10.5505).

September Spread (Volatile) ±0.4423

June Spread (Stable) ±0.1476

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2546 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 11.1081) against the same month in 2010 (average: 12.1101), the exchange rate shifted by -1.0020 (-8.27%).

2011 Avg (January) 11.1081

2010 Avg (January) 12.1101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1988	10.9730	11.1081
February	11.0203	10.7645	10.8535
March	10.8741	10.6978	10.7770
April	10.7083	10.4866	10.6212
May	10.6560	10.4509	10.5716
June	10.6981	10.5505	10.6009
July	10.5228	10.1904	10.3734
August	10.2970	10.0747	10.1943
September	10.4741	10.0318	10.2442
October	10.4745	10.0682	10.2770
November	10.3222	10.0770	10.1813
December	10.3323	10.0745	10.1779