2014 LBP to ARS Historical Review

YEARLY HIGH

0.0057 ARS

YEARLY LOW

0.0043 ARS

YEARLY AVERAGE

0.0054 ARS

2014 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0057. Conversely, the yearly low was recorded on January 1, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0013 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0056, the exchange rate registered a net change of 21.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0057 was up 30.91% compared to the 2013 peak of 0.0043, 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 28 ARS

2013 Average 18 ARS

Yearly Trough Low 22 ARS

Transaction Impact: A difference of 6.64 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0057

0.0045

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 0.0052, compared to 0.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0052

H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0010 ARS (High: 0.0053 / Low: 0.0043). On the other end, April was the most stable month, with a tight range of 0.0000 ARS (High: 0.0053 / Low: 0.0053).

January Spread (Volatile) ±0.0010

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: 0.0056) against the same month in 2013 (average: 0.0042), the exchange rate shifted by +0.0014 (+34.21%).

2014 Avg (December) 0.0056

2013 Avg (December) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0053	0.0043	0.0046
February	0.0053	0.0052	0.0052
March	0.0053	0.0052	0.0053
April	0.0053	0.0053	0.0053
May	0.0053	0.0053	0.0053
June	0.0054	0.0053	0.0054
July	0.0054	0.0054	0.0054
August	0.0056	0.0054	0.0055
September	0.0056	0.0055	0.0056
October	0.0056	0.0056	0.0056
November	0.0057	0.0056	0.0056
December	0.0057	0.0056	0.0056