2012 DJF to ARS Historical Review

YEARLY HIGH

0.0277 ARS

YEARLY LOW

0.0241 ARS

YEARLY AVERAGE

0.0255 ARS

2012 DJF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the DJF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0277. Conversely, the yearly low was recorded on January 2, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0036 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0242 to the December average rate of 0.0274, the exchange rate registered a net change of 13.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0277 was up 14.74% compared to the 2011 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138 ARS

2011 Average 116 ARS

Yearly Trough Low 120 ARS

Transaction Impact: A difference of 18.13 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0278

0.0239

JanuMarcMayJulySeptNove

DJF 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 0.0246, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0246

H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2012 was December, with a trading range of 0.0006 ARS (High: 0.0277 / Low: 0.0271). On the other end, February was the most stable month, with a tight range of 0.0002 ARS (High: 0.0244 / Low: 0.0243).

December Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0274) against the same month in 2011 (average: 0.0241), the exchange rate shifted by +0.0034 (+14.06%).

2012 Avg (December) 0.0274

2011 Avg (December) 0.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0243	0.0241	0.0242
February	0.0244	0.0243	0.0244
March	0.0245	0.0242	0.0244
April	0.0247	0.0244	0.0246
May	0.0250	0.0246	0.0248
June	0.0252	0.0247	0.0250
July	0.0258	0.0253	0.0256
August	0.0260	0.0257	0.0259
September	0.0264	0.0260	0.0262
October	0.0268	0.0264	0.0266
November	0.0272	0.0268	0.0270
December	0.0277	0.0271	0.0274