2014 HTG to ARS Historical Review

YEARLY HIGH

0.2026 ARS

YEARLY LOW

0.1490 ARS

YEARLY AVERAGE

0.1823 ARS

2014 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.2026. Conversely, the yearly low was recorded on January 1, dropping to 0.1490.

This high-to-low spread represents a total annual volatility of 0.0536 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1630 to the December average rate of 0.1837, the exchange rate registered a net change of 12.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2026 was up 22.75% compared to the 2013 peak of 0.1650, 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 1,013 ARS

2013 Average 644 ARS

Yearly Trough Low 745 ARS

Transaction Impact: A difference of 267.86 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1982

0.1598

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 0.1792, compared to 0.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1792

H2 Avg (Jul–Dec) 0.1853

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0441 ARS (High: 0.1932 / Low: 0.1490). On the other end, December was the most stable month, with a tight range of 0.0022 ARS (High: 0.1843 / Low: 0.1821).

January Spread (Volatile) ±0.0441

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0158 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.1950) against the same month in 2013 (average: 0.1177), the exchange rate shifted by +0.0773 (+65.71%).

2014 Avg (February) 0.1950

2013 Avg (February) 0.1177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1932	0.1490	0.1630
February	0.2026	0.1795	0.1950
March	0.1835	0.1729	0.1792
April	0.1805	0.1783	0.1792
May	0.1798	0.1775	0.1786
June	0.1819	0.1789	0.1801
July	0.1829	0.1803	0.1817
August	0.1883	0.1824	0.1851
September	0.1896	0.1865	0.1878
October	0.1913	0.1878	0.1890
November	0.1887	0.1830	0.1847
December	0.1843	0.1821	0.1837