2011 EGP to ARS Historical Review

YEARLY HIGH

0.7144 ARS

YEARLY LOW

0.6742 ARS

YEARLY AVERAGE

0.6942 ARS

2011 EGP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EGP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.7144. Conversely, the yearly low was recorded on February 7, dropping to 0.6742.

This high-to-low spread represents a total annual volatility of 0.0402 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6845 to the December average rate of 0.7121, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7144 was up 0.86% compared to the 2010 peak of 0.7083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,572 ARS

2010 Average 3,470 ARS

Yearly Trough Low 3,371 ARS

Transaction Impact: A difference of 201.02 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7152

0.6776

JanuMarcMayJulySeptNove

EGP 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 0.6843, compared to 0.7041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 0.6843

H2 Avg (Jul–Dec) 0.7041

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0115 ARS (High: 0.6857 / Low: 0.6742). On the other end, June was the most stable month, with a tight range of 0.0026 ARS (High: 0.6888 / Low: 0.6863).

February Spread (Volatile) ±0.0115

June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0031 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.7115) against the same month in 2010 (average: 0.6891), the exchange rate shifted by +0.0223 (+3.24%).

2011 Avg (November) 0.7115

2010 Avg (November) 0.6891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6858	0.6817	0.6845
February	0.6857	0.6742	0.6838
March	0.6833	0.6779	0.6807
April	0.6872	0.6783	0.6824
May	0.6880	0.6841	0.6863
June	0.6888	0.6863	0.6881
July	0.6949	0.6875	0.6913
August	0.7045	0.6938	0.6988
September	0.7058	0.7020	0.7044
October	0.7099	0.7047	0.7067
November	0.7144	0.7094	0.7115
December	0.7138	0.7090	0.7121