2014 GMD to ARS Historical Review

YEARLY HIGH

0.2142 ARS

YEARLY LOW

0.1714 ARS

YEARLY AVERAGE

0.2033 ARS

2014 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.2142. Conversely, the yearly low was recorded on January 2, dropping to 0.1714.

This high-to-low spread represents a total annual volatility of 0.0428 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1834 to the December average rate of 0.1982, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2142 was up 15.87% compared to the 2013 peak of 0.1848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,071 ARS

2013 Average 810 ARS

Yearly Trough Low 857 ARS

Transaction Impact: A difference of 214.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2151

0.1806

JanuMarcMayJulySeptNove

GMD 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 0.2017, compared to 0.2049 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) 0.2017

H2 Avg (Jul–Dec) 0.2049

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0389 ARS (High: 0.2103 / Low: 0.1714). On the other end, December was the most stable month, with a tight range of 0.0016 ARS (High: 0.1986 / Low: 0.1970).

January Spread (Volatile) ±0.0389

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0096 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.2070) against the same month in 2013 (average: 0.1788), the exchange rate shifted by +0.0282 (+15.77%).

2014 Avg (October) 0.2070

2013 Avg (October) 0.1788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2103	0.1714	0.1834
February	0.2105	0.2034	0.2060
March	0.2097	0.2064	0.2078
April	0.2100	0.2015	0.2059
May	0.2040	0.2013	0.2026
June	0.2055	0.2035	0.2047
July	0.2071	0.2045	0.2057
August	0.2118	0.2077	0.2092
September	0.2141	0.2103	0.2122
October	0.2142	0.1963	0.2070
November	0.1979	0.1962	0.1974
December	0.1986	0.1970	0.1982