2014 BWP to ARS Historical Review

YEARLY HIGH

0.9460 ARS

YEARLY LOW

0.7422 ARS

YEARLY AVERAGE

0.9036 ARS

2014 BWP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.9460. Conversely, the yearly low was recorded on January 3, dropping to 0.7422.

This high-to-low spread represents a total annual volatility of 0.2038 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7821 to the December average rate of 0.9036, the exchange rate registered a net change of 15.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9460 was up 26.97% compared to the 2013 peak of 0.7451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,730 ARS

2013 Average 3,258 ARS

Yearly Trough Low 3,711 ARS

Transaction Impact: A difference of 1,019.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9519

0.7667

JanuMarcMayJulySeptNove

BWP 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 0.8848, compared to 0.9224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 0.8848

H2 Avg (Jul–Dec) 0.9224

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1450 ARS (High: 0.8872 / Low: 0.7422). On the other end, May was the most stable month, with a tight range of 0.0136 ARS (High: 0.9287 / Low: 0.9151).

January Spread (Volatile) ±0.1450

May Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0185 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.9364) against the same month in 2013 (average: 0.6490), the exchange rate shifted by +0.2874 (+44.29%).

2014 Avg (August) 0.9364

2013 Avg (August) 0.6490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8872	0.7422	0.7821
February	0.8926	0.8651	0.8749
March	0.9117	0.8839	0.8957
April	0.9219	0.9064	0.9131
May	0.9287	0.9151	0.9234
June	0.9263	0.9117	0.9198
July	0.9310	0.9167	0.9225
August	0.9460	0.9266	0.9364
September	0.9446	0.9130	0.9256
October	0.9357	0.9097	0.9243
November	0.9325	0.9119	0.9221
December	0.9247	0.8907	0.9036