2014 DJF to ARS Historical Review

YEARLY HIGH

0.0482 ARS

YEARLY LOW

0.0366 ARS

YEARLY AVERAGE

0.0455 ARS

2014 DJF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0482. Conversely, the yearly low was recorded on January 3, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0116 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0479, the exchange rate registered a net change of 22.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0482 was up 31.45% compared to the 2013 peak of 0.0366, 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 241 ARS

2013 Average 154 ARS

Yearly Trough Low 183 ARS

Transaction Impact: A difference of 57.87 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0488

0.0384

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 0.0439, compared to 0.0470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0439

H2 Avg (Jul–Dec) 0.0470

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0085 ARS (High: 0.0451 / Low: 0.0366). On the other end, November was the most stable month, with a tight range of 0.0005 ARS (High: 0.0479 / Low: 0.0474).

January Spread (Volatile) ±0.0085

November Spread (Stable) ±0.0005

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 2014: 0.0479) against the same month in 2013 (average: 0.0356), the exchange rate shifted by +0.0123 (+34.70%).

2014 Avg (December) 0.0479

2013 Avg (December) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0451	0.0366	0.0392
February	0.0451	0.0436	0.0441
March	0.0452	0.0441	0.0445
April	0.0451	0.0446	0.0448
May	0.0453	0.0446	0.0450
June	0.0457	0.0451	0.0455
July	0.0459	0.0454	0.0456
August	0.0471	0.0459	0.0465
September	0.0476	0.0469	0.0471
October	0.0478	0.0473	0.0475
November	0.0479	0.0474	0.0477
December	0.0482	0.0475	0.0479