2010 BTN to ARS Historical Review

YEARLY HIGH

0.0902 ARS

YEARLY LOW

0.0819 ARS

YEARLY AVERAGE

0.0856 ARS

2010 BTN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the BTN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0902. Conversely, the yearly low was recorded on January 3, dropping to 0.0819.

This high-to-low spread represents a total annual volatility of 0.0083 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0827 to the December average rate of 0.0882, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 451 ARS

Yearly Average 428 ARS

Yearly Trough Low 409 ARS

Transaction Impact: A difference of 41.36 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0898

0.0821

JanuMarcMayJulySeptNove

BTN 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 0.0845, compared to 0.0867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0845

H2 Avg (Jul–Dec) 0.0867

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0055 ARS (High: 0.0874 / Low: 0.0819). On the other end, October was the most stable month, with a tight range of 0.0011 ARS (High: 0.0897 / Low: 0.0886).

May Spread (Volatile) ±0.0055

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.0882.

2010 Avg (November) 0.0882

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0840	0.0819	0.0827
February	0.0838	0.0820	0.0831
March	0.0862	0.0841	0.0849
April	0.0876	0.0865	0.0871
May	0.0874	0.0819	0.0851
June	0.0858	0.0831	0.0843
July	0.0847	0.0831	0.0840
August	0.0854	0.0839	0.0845
September	0.0883	0.0844	0.0859
October	0.0897	0.0886	0.0892
November	0.0902	0.0865	0.0882
December	0.0891	0.0875	0.0882