2013 BBD to ARS Historical Review

YEARLY HIGH

3.2605 ARS

YEARLY LOW

2.4577 ARS

YEARLY AVERAGE

2.7371 ARS

2013 BBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.2605. Conversely, the yearly low was recorded on January 1, dropping to 2.4577.

This high-to-low spread represents a total annual volatility of 0.8028 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4730 to the December average rate of 3.1671, the exchange rate registered a net change of 28.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 3.2605 was up 32.67% compared to the 2012 peak of 2.4575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,302 ARS

2012 Average 11,368 ARS

Yearly Trough Low 12,288 ARS

Transaction Impact: A difference of 4,013.87 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

3.2365

2.4035

JanuMarcMayJulySeptNove

BBD 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 2.5629, compared to 2.9112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3483 points.

H1 Avg (Jan–Jun) 2.5629

H2 Avg (Jul–Dec) 2.9112

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1920 ARS (High: 3.2605 / Low: 3.0684). On the other end, January was the most stable month, with a tight range of 0.0308 ARS (High: 2.4885 / Low: 2.4577).

December Spread (Volatile) ±0.1920

January Spread (Stable) ±0.0308

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 3.1671) against the same month in 2012 (average: 2.4392), the exchange rate shifted by +0.7279 (+29.84%).

2013 Avg (December) 3.1671

2012 Avg (December) 2.4392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4885	2.4577	2.4730
February	2.5219	2.4893	2.5037
March	2.5653	2.5229	2.5440
April	2.5911	2.5574	2.5751
May	2.6409	2.5930	2.6170
June	2.6944	2.6411	2.6647
July	2.7509	2.6953	2.7184
August	2.8344	2.7533	2.7891
September	2.8934	2.8357	2.8653
October	2.9533	2.8963	2.9219
November	3.0687	2.9614	3.0055
December	3.2605	3.0684	3.1671