2012 LRD to ARS Historical Review

YEARLY HIGH

0.0677 ARS

YEARLY LOW

0.0588 ARS

YEARLY AVERAGE

0.0617 ARS

2012 LRD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0677. Conversely, the yearly low was recorded on February 2, dropping to 0.0588.

This high-to-low spread represents a total annual volatility of 0.0090 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0594 to the December average rate of 0.0667, the exchange rate registered a net change of 12.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0677 was up 12.32% compared to the 2011 peak of 0.0603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 339 ARS

2011 Average 286 ARS

Yearly Trough Low 294 ARS

Transaction Impact: A difference of 44.79 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0675

0.0585

JanuMarcMayJulySeptNove

LRD 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 0.0596, compared to 0.0638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0596

H2 Avg (Jul–Dec) 0.0638

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0024 ARS (High: 0.0660 / Low: 0.0636). On the other end, April was the most stable month, with a tight range of 0.0007 ARS (High: 0.0599 / Low: 0.0592).

October Spread (Volatile) ±0.0024

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0667) against the same month in 2011 (average: 0.0595), the exchange rate shifted by +0.0073 (+12.23%).

2012 Avg (December) 0.0667

2011 Avg (December) 0.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0601	0.0588	0.0594
February	0.0601	0.0588	0.0593
March	0.0600	0.0588	0.0593
April	0.0599	0.0592	0.0596
May	0.0605	0.0594	0.0599
June	0.0610	0.0589	0.0601
July	0.0613	0.0605	0.0610
August	0.0627	0.0611	0.0622
September	0.0640	0.0626	0.0633
October	0.0660	0.0636	0.0646
November	0.0667	0.0643	0.0651
December	0.0677	0.0653	0.0667