2010 BAM to ARS Historical Review

YEARLY HIGH

2.8792 ARS

YEARLY LOW

2.3952 ARS

YEARLY AVERAGE

2.6499 ARS

2010 BAM to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BAM to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 2.8792. Conversely, the yearly low was recorded on June 8, dropping to 2.3952.

This high-to-low spread represents a total annual volatility of 0.4840 ARS. From a start-to-finish perspective, comparing the January average rate of 2.7713 to the December average rate of 2.6842, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 14,396 ARS

Yearly Average 13,249 ARS

Yearly Trough Low 11,976 ARS

Transaction Impact: A difference of 2,419.76 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.8447

2.4092

JanuMarcMayJulySeptNove

BAM to ARS 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 2.6245, compared to 2.6752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0507 points.

H1 Avg (Jan–Jun) 2.6245

H2 Avg (Jul–Dec) 2.6752

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.2347 ARS (High: 2.8792 / Low: 2.6444). On the other end, October was the most stable month, with a tight range of 0.0582 ARS (High: 2.8343 / Low: 2.7760).

November Spread (Volatile) ±0.2347

October Spread (Stable) ±0.0582

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.1496 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1496

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 2.7657.

2010 Avg (November) 2.7657

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8203	2.7146	2.7713
February	2.7328	2.6659	2.6877
March	2.7133	2.6313	2.6754
April	2.7023	2.6248	2.6584
May	2.6293	2.4405	2.5088
June	2.4815	2.3952	2.4455
July	2.6242	2.4643	2.5647
August	2.6609	2.5525	2.5927
September	2.7633	2.5645	2.6357
October	2.8343	2.7760	2.8084
November	2.8792	2.6444	2.7657
December	2.7237	2.6537	2.6842