2014 ARS to STD Historical Review

YEARLY HIGH

2752.8730 STD

YEARLY LOW

2194.1965 STD

YEARLY AVERAGE

2281.4826 STD

2014 ARS to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2752.8730. Conversely, the yearly low was recorded on July 13, dropping to 2194.1965.

This high-to-low spread represents a total annual volatility of 558.6765 STD. From a start-to-finish perspective, comparing the January average rate of 2591.7105 to the December average rate of 2329.5766, the exchange rate registered a net change of -10.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2752.8730 was down 27.58% compared to the 2013 peak of 3801.1501, 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 13,764,365 STD

2013 Average 16,977,669 STD

Yearly Trough Low 10,970,983 STD

Transaction Impact: A difference of 2,793,382.49 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2629.5327

2175.6665

JanuMarcMayJulySeptNove

ARS to STD 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 2295.2902, compared to 2267.6751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.6151 points.

H1 Avg (Jan–Jun) 2295.2902

H2 Avg (Jul–Dec) 2267.6751

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 512.9825 STD (High: 2752.8730 / Low: 2239.8905). On the other end, August was the most stable month, with a tight range of 21.7351 STD (High: 2220.5847 / Low: 2198.8496).

January Spread (Volatile) ±512.9825

August Spread (Stable) ±21.7351

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 306.7349 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -306.7349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 2591.7105) against the same month in 2013 (average: 3733.6020), the exchange rate shifted by -1141.8915 (-30.58%).

2014 Avg (January) 2591.7105

2013 Avg (January) 3733.6020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2752.8730	2239.8905	2591.7105
February	2305.5932	2245.0438	2284.9756
March	2266.5015	2219.8446	2237.2116
April	2236.6544	2207.0691	2218.5618
May	2230.9643	2194.5396	2221.0856
June	2229.3988	2207.2968	2218.1958
July	2231.3863	2194.1965	2216.0718
August	2220.5847	2198.8496	2213.4887
September	2290.3107	2217.7163	2256.1010
October	2305.1533	2260.1479	2281.3118
November	2325.6078	2289.8922	2309.5008
December	2374.0952	2292.5505	2329.5766