2012 KPW to ARS Historical Review

YEARLY HIGH

0.0055 ARS

YEARLY LOW

0.0048 ARS

YEARLY AVERAGE

0.0051 ARS

2012 KPW to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the KPW to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0055. Conversely, the yearly low was recorded on January 1, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0007 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0054, the exchange rate registered a net change of 12.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0055 was down 83.29% compared to the 2011 peak of 0.0327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27 ARS

2011 Average 141 ARS

Yearly Trough Low 24 ARS

Transaction Impact: A difference of 3.41 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0055

0.0047

JanuMarcMayJulySeptNove

KPW 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 0.0049, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0049

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0001 ARS (High: 0.0050 / Low: 0.0049). On the other end, February was the most stable month, with a tight range of 0.0000 ARS (High: 0.0048 / Low: 0.0048).

June Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

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 2012: 0.0054) against the same month in 2011 (average: 0.0124), the exchange rate shifted by -0.0070 (-56.40%).

2012 Avg (December) 0.0054

2011 Avg (December) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0048	0.0048	0.0048
February	0.0048	0.0048	0.0048
March	0.0049	0.0048	0.0048
April	0.0049	0.0049	0.0049
May	0.0050	0.0049	0.0049
June	0.0050	0.0049	0.0050
July	0.0051	0.0050	0.0051
August	0.0051	0.0051	0.0051
September	0.0052	0.0051	0.0052
October	0.0053	0.0052	0.0052
November	0.0054	0.0053	0.0053
December	0.0055	0.0054	0.0054