2011 LSL to ARS Historical Review

YEARLY HIGH

0.6216 ARS

YEARLY LOW

0.4990 ARS

YEARLY AVERAGE

0.5721 ARS

2011 LSL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LSL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.6216. Conversely, the yearly low was recorded on November 23, dropping to 0.4990.

This high-to-low spread represents a total annual volatility of 0.1226 ARS. From a start-to-finish perspective, comparing the January average rate of 0.5765 to the December average rate of 0.5238, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6216 was up 3.35% compared to the 2010 peak of 0.6014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,108 ARS

2010 Average 2,676 ARS

Yearly Trough Low 2,495 ARS

Transaction Impact: A difference of 613.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6153

0.5147

JanuMarcMayJulySeptNove

LSL 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 0.5871, compared to 0.5571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.5871

H2 Avg (Jul–Dec) 0.5571

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0693 ARS (High: 0.5993 / Low: 0.5299). On the other end, June was the most stable month, with a tight range of 0.0139 ARS (High: 0.6092 / Low: 0.5953).

September Spread (Volatile) ±0.0693

June Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0326 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.5970) against the same month in 2010 (average: 0.5110), the exchange rate shifted by +0.0860 (+16.84%).

2011 Avg (May) 0.5970

2010 Avg (May) 0.5110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6012	0.5561	0.5765
February	0.5778	0.5506	0.5594
March	0.5954	0.5694	0.5829
April	0.6146	0.5920	0.6031
May	0.6216	0.5817	0.5970
June	0.6092	0.5953	0.6039
July	0.6168	0.5941	0.6069
August	0.6188	0.5731	0.5885
September	0.5993	0.5299	0.5665
October	0.5476	0.5232	0.5339
November	0.5403	0.4990	0.5231
December	0.5338	0.5092	0.5238