2014 CRC to ARS Historical Review

YEARLY HIGH

0.0160 ARS

YEARLY LOW

0.0130 ARS

YEARLY AVERAGE

0.0151 ARS

2014 CRC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CRC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0160. Conversely, the yearly low was recorded on January 1, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0030 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0159, the exchange rate registered a net change of 14.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0160 was up 23.17% compared to the 2013 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 ARS

2013 Average 55 ARS

Yearly Trough Low 65 ARS

Transaction Impact: A difference of 15.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0161

0.0137

JanuMarcMayJulySeptNove

CRC 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 0.0146, compared to 0.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0146

H2 Avg (Jul–Dec) 0.0156

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0029 ARS (High: 0.0159 / Low: 0.0130). On the other end, October was the most stable month, with a tight range of 0.0001 ARS (High: 0.0158 / Low: 0.0157).

January Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0159) against the same month in 2013 (average: 0.0127), the exchange rate shifted by +0.0032 (+25.42%).

2014 Avg (December) 0.0159

2013 Avg (December) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0159	0.0130	0.0139
February	0.0157	0.0152	0.0154
March	0.0155	0.0140	0.0147
April	0.0147	0.0145	0.0146
May	0.0146	0.0144	0.0145
June	0.0149	0.0146	0.0147
July	0.0152	0.0150	0.0151
August	0.0156	0.0152	0.0154
September	0.0157	0.0154	0.0156
October	0.0158	0.0157	0.0157
November	0.0159	0.0157	0.0158
December	0.0160	0.0157	0.0159