2011 LBP to ARS Historical Review

YEARLY HIGH

0.0029 ARS

YEARLY LOW

0.0026 ARS

YEARLY AVERAGE

0.0027 ARS

2011 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0029. Conversely, the yearly low was recorded on January 5, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0002 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0028, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0029 was up 7.43% compared to the 2010 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 ARS

2010 Average 13 ARS

Yearly Trough Low 13 ARS

Transaction Impact: A difference of 1.09 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0029

0.0026

JanuMarcMayJulySeptNove

LBP 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 0.0027, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0027

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0000 ARS (High: 0.0028 / Low: 0.0027). On the other end, September was the most stable month, with a tight range of 0.0000 ARS (High: 0.0028 / Low: 0.0028).

August Spread (Volatile) ±0.0000

September 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 2011: 0.0028) against the same month in 2010 (average: 0.0026), the exchange rate shifted by +0.0002 (+7.50%).

2011 Avg (December) 0.0028

2010 Avg (December) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0027	0.0026	0.0026
February	0.0027	0.0027	0.0027
March	0.0027	0.0027	0.0027
April	0.0027	0.0027	0.0027
May	0.0027	0.0027	0.0027
June	0.0027	0.0027	0.0027
July	0.0027	0.0027	0.0027
August	0.0028	0.0027	0.0028
September	0.0028	0.0028	0.0028
October	0.0028	0.0028	0.0028
November	0.0028	0.0028	0.0028
December	0.0029	0.0028	0.0028