2012 BRL to ARS Historical Review

YEARLY HIGH

2.5510 ARS

YEARLY LOW

2.1302 ARS

YEARLY AVERAGE

2.3326 ARS

2012 BRL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BRL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.5510. Conversely, the yearly low was recorded on June 27, dropping to 2.1302.

This high-to-low spread represents a total annual volatility of 0.4208 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4134 to the December average rate of 2.3450, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.5510 was down 5.25% compared to the 2011 peak of 2.6924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 63,775 ARS

2011 Average 61,803 ARS

Yearly Trough Low 53,255 ARS

Transaction Impact: A difference of 10,519.72 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5608

2.1542

JanuMarcMayJulySeptNove

BRL 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 2.3633, compared to 2.3018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 2.3633

H2 Avg (Jul–Dec) 2.3018

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1922 ARS (High: 2.4939 / Low: 2.3017). On the other end, September was the most stable month, with a tight range of 0.0406 ARS (High: 2.3189 / Low: 2.2783).

January Spread (Volatile) ±0.1922

September Spread (Stable) ±0.0406

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 0.1262 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 2.5269) against the same month in 2011 (average: 2.4116), the exchange rate shifted by +0.1153 (+4.78%).

2012 Avg (February) 2.5269

2011 Avg (February) 2.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4939	2.3017	2.4134
February	2.5510	2.4947	2.5269
March	2.5214	2.3902	2.4315
April	2.4045	2.3313	2.3729
May	2.3216	2.1528	2.2467
June	2.2260	2.1302	2.1881
July	2.2727	2.2184	2.2421
August	2.2897	2.2357	2.2722
September	2.3189	2.2783	2.3034
October	2.3468	2.3046	2.3271
November	2.3501	2.2857	2.3212
December	2.4019	2.2630	2.3450