2014 KMF to ARS Historical Review

YEARLY HIGH

0.0227 ARS

YEARLY LOW

0.0181 ARS

YEARLY AVERAGE

0.0219 ARS

2014 KMF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KMF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0227. Conversely, the yearly low was recorded on January 4, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0045 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0214, the exchange rate registered a net change of 10.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0227 was up 23.92% compared to the 2013 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 ARS

2013 Average 74 ARS

Yearly Trough Low 91 ARS

Transaction Impact: A difference of 22.73 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0228

0.0190

JanuMarcMayJulySeptNove

KMF 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 0.0218, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0041 ARS (High: 0.0222 / Low: 0.0181). On the other end, August was the most stable month, with a tight range of 0.0002 ARS (High: 0.0227 / Low: 0.0224).

January Spread (Volatile) ±0.0041

August Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.0225) against the same month in 2013 (average: 0.0151), the exchange rate shifted by +0.0074 (+49.22%).

2014 Avg (August) 0.0225

2013 Avg (August) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0181	0.0193
February	0.0220	0.0216	0.0218
March	0.0225	0.0220	0.0223
April	0.0226	0.0223	0.0225
May	0.0226	0.0223	0.0224
June	0.0226	0.0223	0.0225
July	0.0226	0.0223	0.0224
August	0.0227	0.0224	0.0225
September	0.0226	0.0217	0.0221
October	0.0220	0.0215	0.0218
November	0.0217	0.0215	0.0216
December	0.0217	0.0209	0.0214