2014 BOB to ARS Historical Review

YEARLY HIGH

1.2387 ARS

YEARLY LOW

0.9426 ARS

YEARLY AVERAGE

1.1739 ARS

2014 BOB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 1.2387. Conversely, the yearly low was recorded on January 1, dropping to 0.9426.

This high-to-low spread represents a total annual volatility of 0.2961 ARS. From a start-to-finish perspective, comparing the January average rate of 1.0108 to the December average rate of 1.2364, the exchange rate registered a net change of 22.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2387 was up 31.41% compared to the 2013 peak of 0.9426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,194 ARS

2013 Average 3,944 ARS

Yearly Trough Low 4,713 ARS

Transaction Impact: A difference of 1,480.45 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.2590

0.9882

JanuMarcMayJulySeptNove

BOB 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 1.1319, compared to 1.2158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0838 points.

H1 Avg (Jan–Jun) 1.1319

H2 Avg (Jul–Dec) 1.2158

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2164 ARS (High: 1.1590 / Low: 0.9426). On the other end, April was the most stable month, with a tight range of 0.0024 ARS (High: 1.1589 / Low: 1.1565).

January Spread (Volatile) ±0.2164

April Spread (Stable) ±0.0024

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 2014: 1.2364) against the same month in 2013 (average: 0.9164), the exchange rate shifted by +0.3200 (+34.92%).

2014 Avg (December) 1.2364

2013 Avg (December) 0.9164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1590	0.9426	1.0108
February	1.1597	1.1244	1.1376
March	1.1578	1.1373	1.1464
April	1.1589	1.1565	1.1577
May	1.1692	1.1561	1.1630
June	1.1784	1.1692	1.1762
July	1.1872	1.1751	1.1798
August	1.2164	1.1910	1.2028
September	1.2257	1.2054	1.2171
October	1.2337	1.2210	1.2265
November	1.2347	1.2296	1.2320
December	1.2387	1.2266	1.2364