2014 FKP to ARS Historical Review

YEARLY HIGH

13.9706 ARS

YEARLY LOW

10.7509 ARS

YEARLY AVERAGE

13.3576 ARS

2014 FKP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 1, valuing the pair at 13.9706. Conversely, the yearly low was recorded on January 3, dropping to 10.7509.

This high-to-low spread represents a total annual volatility of 3.2197 ARS. From a start-to-finish perspective, comparing the January average rate of 11.5066 to the December average rate of 13.3552, the exchange rate registered a net change of 16.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 13.9706 was up 29.46% compared to the 2013 peak of 10.7915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,853 ARS

2013 Average 42,910 ARS

Yearly Trough Low 53,754 ARS

Transaction Impact: A difference of 16,098.52 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.1587

11.2655

JanuMarcMayJulySeptNove

FKP 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 13.0635, compared to 13.6516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5881 points.

H1 Avg (Jan–Jun) 13.0635

H2 Avg (Jul–Dec) 13.6516

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.4946 ARS (High: 13.2455 / Low: 10.7509). On the other end, May was the most stable month, with a tight range of 0.1716 ARS (High: 13.6219 / Low: 13.4503).

January Spread (Volatile) ±2.4946

May Spread (Stable) ±0.1716

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1994 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 13.7146) against the same month in 2013 (average: 9.0949), the exchange rate shifted by +4.6197 (+50.79%).

2014 Avg (September) 13.7146

2013 Avg (September) 9.0949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2455	10.7509	11.5066
February	13.1983	12.8229	13.0174
March	13.3345	13.0718	13.1752
April	13.5017	13.2634	13.3984
May	13.6219	13.4503	13.5340
June	13.9126	13.5317	13.7495
July	13.9698	13.7789	13.9176
August	13.9605	13.7635	13.8769
September	13.9706	13.5325	13.7146
October	13.7013	13.4644	13.6224
November	13.6196	13.2918	13.4230
December	13.4674	13.2116	13.3552