2014 ARS to SHP Historical Review

YEARLY HIGH

0.0930 SHP

YEARLY LOW

0.0716 SHP

YEARLY AVERAGE

0.0751 SHP

2014 ARS to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0930. Conversely, the yearly low was recorded on September 1, dropping to 0.0716.

This high-to-low spread represents a total annual volatility of 0.0214 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0874 to the December average rate of 0.0749, the exchange rate registered a net change of -14.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0930 was down 29.71% compared to the 2013 peak of 0.1323, 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 465 SHP

2013 Average 588 SHP

Yearly Trough Low 358 SHP

Transaction Impact: A difference of 107.18 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0890

0.0703

JanuMarcMayJulySeptNove

ARS to SHP 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 0.0769, compared to 0.0733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0769

H2 Avg (Jul–Dec) 0.0733

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0175 SHP (High: 0.0930 / Low: 0.0755). On the other end, May was the most stable month, with a tight range of 0.0009 SHP (High: 0.0743 / Low: 0.0734).

January Spread (Volatile) ±0.0175

May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0106 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0874) against the same month in 2013 (average: 0.1265), the exchange rate shifted by -0.0391 (-30.91%).

2014 Avg (January) 0.0874

2013 Avg (January) 0.1265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0930	0.0755	0.0874
February	0.0780	0.0758	0.0768
March	0.0765	0.0750	0.0759
April	0.0754	0.0741	0.0746
May	0.0743	0.0734	0.0739
June	0.0739	0.0719	0.0727
July	0.0726	0.0716	0.0719
August	0.0727	0.0716	0.0721
September	0.0739	0.0716	0.0729
October	0.0743	0.0730	0.0734
November	0.0752	0.0734	0.0745
December	0.0757	0.0743	0.0749