2014 KPW to ARS Historical Review

YEARLY HIGH

0.0095 ARS

YEARLY LOW

0.0072 ARS

YEARLY AVERAGE

0.0090 ARS

2014 KPW to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KPW to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0095. Conversely, the yearly low was recorded on January 1, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0023 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0095, the exchange rate registered a net change of 22.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0095 was up 31.19% compared to the 2013 peak of 0.0072, 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 48 ARS

2013 Average 30 ARS

Yearly Trough Low 36 ARS

Transaction Impact: A difference of 11.32 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0097

0.0076

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 0.0087, compared to 0.0093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0087

H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0017 ARS (High: 0.0089 / Low: 0.0072). On the other end, April was the most stable month, with a tight range of 0.0000 ARS (High: 0.0089 / Low: 0.0089).

January Spread (Volatile) ±0.0017

April 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 2014: 0.0095) against the same month in 2013 (average: 0.0070), the exchange rate shifted by +0.0025 (+34.90%).

2014 Avg (December) 0.0095

2013 Avg (December) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0072	0.0078
February	0.0089	0.0086	0.0087
March	0.0089	0.0087	0.0088
April	0.0089	0.0089	0.0089
May	0.0090	0.0089	0.0089
June	0.0090	0.0090	0.0090
July	0.0091	0.0090	0.0091
August	0.0093	0.0091	0.0092
September	0.0094	0.0093	0.0094
October	0.0095	0.0094	0.0094
November	0.0095	0.0094	0.0095
December	0.0095	0.0094	0.0095