2012 LSL to ARS Historical Review

YEARLY HIGH

0.5810 ARS

YEARLY LOW

0.5199 ARS

YEARLY AVERAGE

0.5542 ARS

2012 LSL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LSL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5810. Conversely, the yearly low was recorded on June 3, dropping to 0.5199.

This high-to-low spread represents a total annual volatility of 0.0611 ARS. From a start-to-finish perspective, comparing the January average rate of 0.5390 to the December average rate of 0.5657, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5810 was down 6.52% compared to the 2011 peak of 0.6216, 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 2,905 ARS

2011 Average 2,861 ARS

Yearly Trough Low 2,600 ARS

Transaction Impact: A difference of 305.50 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5769

0.5303

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 0.5535, compared to 0.5548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.5535

H2 Avg (Jul–Dec) 0.5548

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0469 ARS (High: 0.5718 / Low: 0.5250). On the other end, November was the most stable month, with a tight range of 0.0119 ARS (High: 0.5505 / Low: 0.5386).

May Spread (Volatile) ±0.0469

November Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0180 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.5657) against the same month in 2011 (average: 0.5238), the exchange rate shifted by +0.0419 (+8.00%).

2012 Avg (December) 0.5657

2011 Avg (December) 0.5238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5581	0.5266	0.5390
February	0.5789	0.5582	0.5677
March	0.5781	0.5658	0.5730
April	0.5728	0.5480	0.5617
May	0.5718	0.5250	0.5455
June	0.5522	0.5199	0.5342
July	0.5586	0.5353	0.5512
August	0.5679	0.5451	0.5570
September	0.5721	0.5517	0.5641
October	0.5639	0.5331	0.5461
November	0.5505	0.5386	0.5450
December	0.5810	0.5465	0.5657