2013 ARS to SCR Historical Review

YEARLY HIGH

2.6722 SCR

YEARLY LOW

1.8519 SCR

YEARLY AVERAGE

2.2216 SCR

2013 ARS to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.6722. Conversely, the yearly low was recorded on December 30, dropping to 1.8519.

This high-to-low spread represents a total annual volatility of 0.8203 SCR. From a start-to-finish perspective, comparing the January average rate of 2.6316 to the December average rate of 1.9046, the exchange rate registered a net change of -27.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.6722 was down 19.70% compared to the 2012 peak of 3.3279, 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 13,361 SCR

2012 Average 15,136 SCR

Yearly Trough Low 9,260 SCR

Transaction Impact: A difference of 4,101.42 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.7043

1.8319

JanuMarcMayJulySeptNove

ARS to SCR 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 2.3718, compared to 2.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3004 points.

H1 Avg (Jan–Jun) 2.3718

H2 Avg (Jul–Dec) 2.0715

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.1809 SCR (High: 2.4502 / Low: 2.2693). On the other end, June was the most stable month, with a tight range of 0.0259 SCR (High: 2.2383 / Low: 2.2123).

March Spread (Volatile) ±0.1809

June Spread (Stable) ±0.0259

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 February and March, when the average rate fell by 0.1920 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 2.6316) against the same month in 2012 (average: 3.2144), the exchange rate shifted by -0.5828 (-18.13%).

2013 Avg (January) 2.6316

2012 Avg (January) 3.2144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6722	2.5663	2.6316
February	2.5638	2.4454	2.5204
March	2.4502	2.2693	2.3285
April	2.2899	2.2634	2.2749
May	2.2662	2.2343	2.2510
June	2.2383	2.2123	2.2246
July	2.2168	2.1791	2.2033
August	2.1751	2.1101	2.1513
September	2.1202	2.0781	2.1001
October	2.0813	2.0376	2.0634
November	2.0351	1.9687	2.0060
December	1.9698	1.8519	1.9046