2012 HTG to ARS Historical Review

YEARLY HIGH

0.1167 ARS

YEARLY LOW

0.1045 ARS

YEARLY AVERAGE

0.1090 ARS

2012 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1167. Conversely, the yearly low was recorded on June 27, dropping to 0.1045.

This high-to-low spread represents a total annual volatility of 0.0122 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1067 to the December average rate of 0.1157, the exchange rate registered a net change of 8.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.1167 was up 9.37% compared to the 2011 peak of 0.1067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 583 ARS

2011 Average 508 ARS

Yearly Trough Low 522 ARS

Transaction Impact: A difference of 60.87 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.1167

0.1048

JanuMarcMayJulySeptNove

HTG 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 0.1064, compared to 0.1117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1064

H2 Avg (Jul–Dec) 0.1117

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0028 ARS (High: 0.1073 / Low: 0.1045). On the other end, February was the most stable month, with a tight range of 0.0013 ARS (High: 0.1079 / Low: 0.1066).

June Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0013

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 February and March, when the average rate fell by 0.0015 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.1157) against the same month in 2011 (average: 0.1060), the exchange rate shifted by +0.0098 (+9.24%).

2012 Avg (December) 0.1157

2011 Avg (December) 0.1060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1075	0.1061	0.1067
February	0.1079	0.1066	0.1073
March	0.1066	0.1051	0.1058
April	0.1072	0.1050	0.1062
May	0.1064	0.1050	0.1058
June	0.1073	0.1045	0.1064
July	0.1090	0.1066	0.1081
August	0.1102	0.1083	0.1096
September	0.1116	0.1103	0.1110
October	0.1130	0.1114	0.1121
November	0.1148	0.1129	0.1137
December	0.1167	0.1146	0.1157