2011 JMD to ARS Historical Review

YEARLY HIGH

0.0500 ARS

YEARLY LOW

0.0456 ARS

YEARLY AVERAGE

0.0480 ARS

2011 JMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0500. Conversely, the yearly low was recorded on January 5, dropping to 0.0456.

This high-to-low spread represents a total annual volatility of 0.0044 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0497, the exchange rate registered a net change of 8.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0500 was up 8.98% compared to the 2010 peak of 0.0459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 ARS

2010 Average 223 ARS

Yearly Trough Low 228 ARS

Transaction Impact: A difference of 22.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0501

0.0454

JanuMarcMayJulySeptNove

JMD 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 0.0470, compared to 0.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0013 ARS (High: 0.0480 / Low: 0.0466). On the other end, September was the most stable month, with a tight range of 0.0003 ARS (High: 0.0492 / Low: 0.0490).

April Spread (Volatile) ±0.0013

September Spread (Stable) ±0.0003

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 2011: 0.0497) against the same month in 2010 (average: 0.0458), the exchange rate shifted by +0.0039 (+8.61%).

2011 Avg (December) 0.0497

2010 Avg (December) 0.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0461	0.0456	0.0458
February	0.0465	0.0460	0.0463
March	0.0465	0.0462	0.0464
April	0.0480	0.0466	0.0476
May	0.0482	0.0479	0.0480
June	0.0482	0.0478	0.0480
July	0.0486	0.0479	0.0483
August	0.0491	0.0483	0.0487
September	0.0492	0.0490	0.0491
October	0.0494	0.0488	0.0491
November	0.0498	0.0491	0.0495
December	0.0500	0.0495	0.0497