2011 GTQ to ARS Historical Review

YEARLY HIGH

0.5514 ARS

YEARLY LOW

0.4947 ARS

YEARLY AVERAGE

0.5300 ARS

2011 GTQ to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GTQ to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5514. Conversely, the yearly low was recorded on January 6, dropping to 0.4947.

This high-to-low spread represents a total annual volatility of 0.0567 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4992 to the December average rate of 0.5491, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5514 was up 9.97% compared to the 2010 peak of 0.5014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,757 ARS

2010 Average 2,425 ARS

Yearly Trough Low 2,473 ARS

Transaction Impact: A difference of 283.39 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5541

0.4942

JanuMarcMayJulySeptNove

GTQ 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 0.5217, compared to 0.5384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.5217

H2 Avg (Jul–Dec) 0.5384

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0176 ARS (High: 0.5415 / Low: 0.5239). On the other end, September was the most stable month, with a tight range of 0.0043 ARS (High: 0.5375 / Low: 0.5332).

May Spread (Volatile) ±0.0176

September Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0093 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.5491) against the same month in 2010 (average: 0.4987), the exchange rate shifted by +0.0505 (+10.12%).

2011 Avg (December) 0.5491

2010 Avg (December) 0.4987

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5072	0.4947	0.4992
February	0.5189	0.5089	0.5153
March	0.5268	0.5172	0.5230
April	0.5382	0.5277	0.5328
May	0.5415	0.5239	0.5345
June	0.5298	0.5211	0.5252
July	0.5333	0.5269	0.5302
August	0.5366	0.5291	0.5323
September	0.5375	0.5332	0.5359
October	0.5445	0.5335	0.5379
November	0.5493	0.5407	0.5451
December	0.5514	0.5447	0.5491