2014 CNY to ARS Historical Review

YEARLY HIGH

1.3965 ARS

YEARLY LOW

1.0744 ARS

YEARLY AVERAGE

1.3171 ARS

2014 CNY to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CNY to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.3965. Conversely, the yearly low was recorded on January 1, dropping to 1.0744.

This high-to-low spread represents a total annual volatility of 0.3221 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1511 to the December average rate of 1.3825, the exchange rate registered a net change of 20.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3965 was up 30.00% compared to the 2013 peak of 1.0742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,913 ARS

2013 Average 22,246 ARS

Yearly Trough Low 26,860 ARS

Transaction Impact: A difference of 8,053.30 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4123

1.1274

JanuMarcMayJulySeptNove

CNY 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 1.2690, compared to 1.3652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0962 points.

H1 Avg (Jan–Jun) 1.2690

H2 Avg (Jul–Dec) 1.3652

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2462 ARS (High: 1.3206 / Low: 1.0744). On the other end, April was the most stable month, with a tight range of 0.0101 ARS (High: 1.2922 / Low: 1.2822).

January Spread (Volatile) ±0.2462

April Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0068 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.3886) against the same month in 2013 (average: 0.9842), the exchange rate shifted by +0.4044 (+41.09%).

2014 Avg (November) 1.3886

2013 Avg (November) 0.9842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3206	1.0744	1.1511
February	1.3210	1.2786	1.2918
March	1.2916	1.2802	1.2849
April	1.2922	1.2822	1.2878
May	1.2967	1.2820	1.2912
June	1.3127	1.2965	1.3070
July	1.3293	1.3081	1.3164
August	1.3692	1.3313	1.3502
September	1.3796	1.3661	1.3705
October	1.3940	1.3748	1.3832
November	1.3965	1.3838	1.3886
December	1.3899	1.3691	1.3825