2013 ARS to SBD Historical Review

YEARLY HIGH

1.4499 SBD

YEARLY LOW

1.1040 SBD

YEARLY AVERAGE

1.3141 SBD

2013 ARS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.4499. Conversely, the yearly low was recorded on December 31, dropping to 1.1040.

This high-to-low spread represents a total annual volatility of 0.3459 SBD. From a start-to-finish perspective, comparing the January average rate of 1.4345 to the December average rate of 1.1357, the exchange rate registered a net change of -20.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.4499 was down 18.15% compared to the 2012 peak of 1.7715, 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 7,250 SBD

2012 Average 7,856 SBD

Yearly Trough Low 5,520 SBD

Transaction Impact: A difference of 1,729.59 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.4643

1.1058

JanuMarcMayJulySeptNove

ARS to SBD 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 1.3969, compared to 1.2314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1655 points.

H1 Avg (Jan–Jun) 1.3969

H2 Avg (Jul–Dec) 1.2314

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0648 SBD (High: 1.1688 / Low: 1.1040). On the other end, October was the most stable month, with a tight range of 0.0225 SBD (High: 1.2398 / Low: 1.2173).

December Spread (Volatile) ±0.0648

October Spread (Stable) ±0.0225

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 0.0596 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 1.4345) against the same month in 2012 (average: 1.6996), the exchange rate shifted by -0.2651 (-15.60%).

2013 Avg (January) 1.4345

2012 Avg (January) 1.6996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4499	1.4229	1.4345
February	1.4479	1.4073	1.4160
March	1.4215	1.3771	1.4011
April	1.4161	1.3862	1.4024
May	1.4182	1.3616	1.3788
June	1.3636	1.3314	1.3484
July	1.3333	1.2926	1.3110
August	1.3019	1.2538	1.2772
September	1.2586	1.2286	1.2441
October	1.2398	1.2173	1.2248
November	1.2159	1.1648	1.1953
December	1.1688	1.1040	1.1357