2011 ARS to SAR Historical Review

YEARLY HIGH

0.9443 SAR

YEARLY LOW

0.8718 SAR

YEARLY AVERAGE

0.9092 SAR

2011 ARS to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9443. Conversely, the yearly low was recorded on December 28, dropping to 0.8718.

This high-to-low spread represents a total annual volatility of 0.0725 SAR. From a start-to-finish perspective, comparing the January average rate of 0.9424 to the December average rate of 0.8749, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9443 was down 4.55% compared to the 2010 peak of 0.9893, 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 4,722 SAR

2010 Average 4,795 SAR

Yearly Trough Low 4,359 SAR

Transaction Impact: A difference of 362.62 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9491

0.8681

JanuMarcMayJulySeptNove

ARS to SAR 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 0.9269, compared to 0.8914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.9269

H2 Avg (Jul–Dec) 0.8914

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0142 SAR (High: 0.9076 / Low: 0.8934). On the other end, September was the most stable month, with a tight range of 0.0036 SAR (High: 0.8944 / Low: 0.8908).

August Spread (Volatile) ±0.0142

September Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0100 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9424) against the same month in 2010 (average: 0.9856), the exchange rate shifted by -0.0433 (-4.39%).

2011 Avg (January) 0.9424

2010 Avg (January) 0.9856

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9443	0.9373	0.9424
February	0.9369	0.9309	0.9328
March	0.9317	0.9258	0.9296
April	0.9274	0.9188	0.9226
May	0.9205	0.9134	0.9182
June	0.9194	0.9132	0.9160
July	0.9165	0.9061	0.9108
August	0.9076	0.8934	0.9007
September	0.8944	0.8908	0.8925
October	0.8922	0.8851	0.8891
November	0.8853	0.8764	0.8807
December	0.8775	0.8718	0.8749