2012 ARS to SYP Historical Review

YEARLY HIGH

14.7571 SYP

YEARLY LOW

12.0951 SYP

YEARLY AVERAGE

13.8615 SYP

2012 ARS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ARS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 14.7571. Conversely, the yearly low was recorded on January 9, dropping to 12.0951.

This high-to-low spread represents a total annual volatility of 2.6620 SYP. From a start-to-finish perspective, comparing the January average rate of 12.5737 to the December average rate of 14.5528, the exchange rate registered a net change of 15.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 14.7571 was up 20.82% compared to the 2011 peak of 12.2143, 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 73,786 SYP

2011 Average 58,217 SYP

Yearly Trough Low 60,475 SYP

Transaction Impact: A difference of 13,310.14 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

14.8781

12.3642

JanuMarcMayJulySeptNove

ARS to SYP 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 13.3016, compared to 14.4213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1197 points.

H1 Avg (Jan–Jun) 13.3016

H2 Avg (Jul–Dec) 14.4213

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 1.3288 SYP (High: 14.2959 / Low: 12.9671). On the other end, February was the most stable month, with a tight range of 0.0977 SYP (High: 13.2528 / Low: 13.1551).

May Spread (Volatile) ±1.3288

February Spread (Stable) ±0.0977

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.1245 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 14.6686) against the same month in 2011 (average: 11.7243), the exchange rate shifted by +2.9443 (+25.11%).

2012 Avg (November) 14.6686

2011 Avg (November) 11.7243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2549	12.0951	12.5737
February	13.2528	13.1551	13.2066
March	13.2402	13.1231	13.1863
April	13.1463	13.0051	13.0618
May	14.2959	12.9671	13.5360
June	14.4945	14.1421	14.2454
July	14.2563	14.0732	14.1693
August	14.4231	14.1527	14.2515
September	14.5003	14.2450	14.3780
October	14.5654	14.4427	14.5076
November	14.7571	14.5571	14.6686
December	14.6980	14.4380	14.5528