2012 LBP to ARS Historical Review

YEARLY HIGH

0.0033 ARS

YEARLY LOW

0.0029 ARS

YEARLY AVERAGE

0.0030 ARS

2012 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0033. Conversely, the yearly low was recorded on January 1, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0004 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0032, the exchange rate registered a net change of 13.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0033 was up 14.43% compared to the 2011 peak of 0.0029, 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 16 ARS

2011 Average 14 ARS

Yearly Trough Low 14 ARS

Transaction Impact: A difference of 2.06 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0033

0.0028

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 0.0029, compared to 0.0031 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) 0.0029

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0001 ARS (High: 0.0030 / Low: 0.0029). On the other end, February was the most stable month, with a tight range of 0.0000 ARS (High: 0.0029 / Low: 0.0029).

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: 0.0032) against the same month in 2011 (average: 0.0028), the exchange rate shifted by +0.0004 (+13.86%).

2012 Avg (December) 0.0032

2011 Avg (December) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0029	0.0029
February	0.0029	0.0029	0.0029
March	0.0029	0.0029	0.0029
April	0.0029	0.0029	0.0029
May	0.0030	0.0029	0.0030
June	0.0030	0.0029	0.0030
July	0.0030	0.0030	0.0030
August	0.0031	0.0030	0.0031
September	0.0031	0.0031	0.0031
October	0.0032	0.0031	0.0031
November	0.0032	0.0032	0.0032
December	0.0033	0.0032	0.0032