2011 HUF to ARS Historical Review

YEARLY HIGH

0.0229 ARS

YEARLY LOW

0.0177 ARS

YEARLY AVERAGE

0.0206 ARS

2011 HUF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HUF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0229. Conversely, the yearly low was recorded on December 31, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0052 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0185, the exchange rate registered a net change of -4.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0229 was up 10.61% compared to the 2010 peak of 0.0207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 22,918 ARS

2010 Average 18,861 ARS

Yearly Trough Low 17,676 ARS

Transaction Impact: A difference of 5,242.02 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0225

0.0182

JanuMarcMayJulySeptNove

HUF 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 0.0211, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0211

H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0027 ARS (High: 0.0219 / Low: 0.0193). On the other end, February was the most stable month, with a tight range of 0.0007 ARS (High: 0.0206 / Low: 0.0199).

September Spread (Volatile) ±0.0027

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0219) against the same month in 2010 (average: 0.0178), the exchange rate shifted by +0.0042 (+23.54%).

2011 Avg (May) 0.0219

2010 Avg (May) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0202	0.0183	0.0193
February	0.0206	0.0199	0.0202
March	0.0216	0.0204	0.0209
April	0.0229	0.0216	0.0222
May	0.0229	0.0212	0.0219
June	0.0226	0.0214	0.0221
July	0.0226	0.0212	0.0220
August	0.0223	0.0213	0.0219
September	0.0219	0.0193	0.0204
October	0.0199	0.0185	0.0195
November	0.0193	0.0179	0.0187
December	0.0192	0.0177	0.0185