2013 LRD to ARS Historical Review

YEARLY HIGH

0.0808 ARS

YEARLY LOW

0.0664 ARS

YEARLY AVERAGE

0.0713 ARS

2013 LRD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the LRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0808. Conversely, the yearly low was recorded on January 16, dropping to 0.0664.

This high-to-low spread represents a total annual volatility of 0.0144 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0668 to the December average rate of 0.0784, the exchange rate registered a net change of 17.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0808 was up 19.31% compared to the 2012 peak of 0.0677, 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 404 ARS

2012 Average 309 ARS

Yearly Trough Low 332 ARS

Transaction Impact: A difference of 71.93 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0795

0.0657

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 0.0688, compared to 0.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0688

H2 Avg (Jul–Dec) 0.0739

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0049 ARS (High: 0.0808 / Low: 0.0760). On the other end, February was the most stable month, with a tight range of 0.0010 ARS (High: 0.0678 / Low: 0.0668).

December Spread (Volatile) ±0.0049

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0784) against the same month in 2012 (average: 0.0667), the exchange rate shifted by +0.0116 (+17.45%).

2013 Avg (December) 0.0784

2012 Avg (December) 0.0667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0679	0.0664	0.0668
February	0.0678	0.0668	0.0674
March	0.0691	0.0677	0.0684
April	0.0695	0.0685	0.0691
May	0.0708	0.0689	0.0700
June	0.0721	0.0698	0.0708
July	0.0734	0.0712	0.0724
August	0.0742	0.0709	0.0722
September	0.0749	0.0721	0.0730
October	0.0738	0.0723	0.0729
November	0.0761	0.0732	0.0746
December	0.0808	0.0760	0.0784