2012 FJD to ARS Historical Review

YEARLY HIGH

2.7926 ARS

YEARLY LOW

2.3556 ARS

YEARLY AVERAGE

2.5442 ARS

2012 FJD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the FJD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.7926. Conversely, the yearly low was recorded on January 1, dropping to 2.3556.

This high-to-low spread represents a total annual volatility of 0.4370 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4070 to the December average rate of 2.7618, the exchange rate registered a net change of 14.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.7926 was up 14.03% compared to the 2011 peak of 2.4490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,963 ARS

2011 Average 11,475 ARS

Yearly Trough Low 11,778 ARS

Transaction Impact: A difference of 2,185.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.7972

2.3716

JanuMarcMayJulySeptNove

FJD 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 2.4463, compared to 2.6421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1958 points.

H1 Avg (Jan–Jun) 2.4463

H2 Avg (Jul–Dec) 2.6421

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.1007 ARS (High: 2.4563 / Low: 2.3556). On the other end, February was the most stable month, with a tight range of 0.0277 ARS (High: 2.4912 / Low: 2.4635).

January Spread (Volatile) ±0.1007

February Spread (Stable) ±0.0277

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 April and May, when the average rate fell by 0.0367 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 2.7618) against the same month in 2011 (average: 2.3418), the exchange rate shifted by +0.4199 (+17.93%).

2012 Avg (December) 2.7618

2011 Avg (December) 2.3418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4563	2.3556	2.4070
February	2.4912	2.4635	2.4772
March	2.4829	2.4427	2.4611
April	2.4864	2.4466	2.4670
May	2.4860	2.3967	2.4302
June	2.4753	2.3976	2.4354
July	2.5672	2.4744	2.5234
August	2.6091	2.5668	2.5878
September	2.6552	2.5786	2.6263
October	2.6842	2.6348	2.6551
November	2.7284	2.6795	2.6985
December	2.7926	2.7194	2.7618