2013 ARS to SZL Historical Review

YEARLY HIGH

1.9245 SZL

YEARLY LOW

1.6037 SZL

YEARLY AVERAGE

1.7653 SZL

2013 ARS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 1.9245. Conversely, the yearly low was recorded on December 30, dropping to 1.6037.

This high-to-low spread represents a total annual volatility of 0.3208 SZL. From a start-to-finish perspective, comparing the January average rate of 1.7731 to the December average rate of 1.6376, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.9245 was down 0.35% compared to the 2012 peak of 1.9313, 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 9,623 SZL

2012 Average 9,030 SZL

Yearly Trough Low 8,019 SZL

Transaction Impact: A difference of 1,604.01 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.9041

1.6134

JanuMarcMayJulySeptNove

ARS to SZL 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 1.7971, compared to 1.7334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 1.7971

H2 Avg (Jul–Dec) 1.7334

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.1779 SZL (High: 1.9010 / Low: 1.7230). On the other end, March was the most stable month, with a tight range of 0.0370 SZL (High: 1.8247 / Low: 1.7877).

May Spread (Volatile) ±0.1779

March Spread (Stable) ±0.0370

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0604 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 1.8799) against the same month in 2012 (average: 1.8732), the exchange rate shifted by +0.0067 (+0.36%).

2013 Avg (June) 1.8799

2012 Avg (June) 1.8732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8146	1.7235	1.7731
February	1.7981	1.7557	1.7758
March	1.8247	1.7877	1.8054
April	1.8034	1.7299	1.7678
May	1.9010	1.7230	1.7808
June	1.9245	1.8506	1.8799
July	1.8852	1.7798	1.8248
August	1.8386	1.7687	1.8034
September	1.8140	1.6877	1.7430
October	1.7418	1.6649	1.6951
November	1.7386	1.6569	1.6968
December	1.6808	1.6037	1.6376