2013 ETB to ARS Historical Review

YEARLY HIGH

0.3408 ARS

YEARLY LOW

0.2687 ARS

YEARLY AVERAGE

0.2923 ARS

2013 ETB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ETB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3408. Conversely, the yearly low was recorded on January 3, dropping to 0.2687.

This high-to-low spread represents a total annual volatility of 0.0721 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2704 to the December average rate of 0.3316, the exchange rate registered a net change of 22.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.3408 was up 26.54% compared to the 2012 peak of 0.2693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,704 ARS

2012 Average 1,279 ARS

Yearly Trough Low 1,343 ARS

Transaction Impact: A difference of 360.59 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3377

0.2642

JanuMarcMayJulySeptNove

ETB 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 0.2770, compared to 0.3076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.2770

H2 Avg (Jul–Dec) 0.3076

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0191 ARS (High: 0.3408 / Low: 0.3216). On the other end, January was the most stable month, with a tight range of 0.0031 ARS (High: 0.2717 / Low: 0.2687).

December Spread (Volatile) ±0.0191

January Spread (Stable) ±0.0031

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 2013: 0.3316) against the same month in 2012 (average: 0.2675), the exchange rate shifted by +0.0640 (+23.94%).

2013 Avg (December) 0.3316

2012 Avg (December) 0.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2717	0.2687	0.2704
February	0.2734	0.2700	0.2722
March	0.2793	0.2735	0.2757
April	0.2798	0.2767	0.2779
May	0.2833	0.2781	0.2809
June	0.2871	0.2830	0.2850
July	0.2931	0.2866	0.2898
August	0.3004	0.2926	0.2964
September	0.3063	0.3003	0.3036
October	0.3106	0.3059	0.3084
November	0.3219	0.3116	0.3159
December	0.3408	0.3216	0.3316