2013 HTG to ARS Historical Review

YEARLY HIGH

0.1650 ARS

YEARLY LOW

0.1166 ARS

YEARLY AVERAGE

0.1288 ARS

2013 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1650. Conversely, the yearly low was recorded on January 2, dropping to 0.1166.

This high-to-low spread represents a total annual volatility of 0.0485 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1174 to the December average rate of 0.1563, the exchange rate registered a net change of 33.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1650 was up 41.47% compared to the 2012 peak of 0.1167, 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 825 ARS

2012 Average 545 ARS

Yearly Trough Low 583 ARS

Transaction Impact: A difference of 242.44 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1602

0.1135

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 0.1207, compared to 0.1369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.1207

H2 Avg (Jul–Dec) 0.1369

Volatility Range Comparison

Volatility

The most volatile month in 2013 was November, with a trading range of 0.0181 ARS (High: 0.1544 / Low: 0.1363). On the other end, January was the most stable month, with a tight range of 0.0014 ARS (High: 0.1179 / Low: 0.1166).

November Spread (Volatile) ±0.0181

January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.1563) against the same month in 2012 (average: 0.1157), the exchange rate shifted by +0.0406 (+35.05%).

2013 Avg (December) 0.1563

2012 Avg (December) 0.1157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1179	0.1166	0.1174
February	0.1185	0.1167	0.1177
March	0.1205	0.1186	0.1197
April	0.1221	0.1204	0.1212
May	0.1246	0.1219	0.1231
June	0.1271	0.1227	0.1251
July	0.1267	0.1239	0.1255
August	0.1306	0.1265	0.1285
September	0.1343	0.1303	0.1324
October	0.1379	0.1337	0.1358
November	0.1544	0.1363	0.1430
December	0.1650	0.1479	0.1563