2014 LSL to ARS Historical Review

YEARLY HIGH

0.7895 ARS

YEARLY LOW

0.6139 ARS

YEARLY AVERAGE

0.7481 ARS

2014 LSL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LSL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.7895. Conversely, the yearly low was recorded on January 4, dropping to 0.6139.

This high-to-low spread represents a total annual volatility of 0.1756 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6429 to the December average rate of 0.7433, the exchange rate registered a net change of 15.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7895 was up 26.58% compared to the 2013 peak of 0.6237, 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 3,948 ARS

2013 Average 2,837 ARS

Yearly Trough Low 3,069 ARS

Transaction Impact: A difference of 878.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7932

0.6293

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 0.7316, compared to 0.7645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.7316

H2 Avg (Jul–Dec) 0.7645

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1110 ARS (High: 0.7248 / Low: 0.6139). On the other end, June was the most stable month, with a tight range of 0.0145 ARS (High: 0.7678 / Low: 0.7533).

January Spread (Volatile) ±0.1110

June Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0242 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.7796) against the same month in 2013 (average: 0.5545), the exchange rate shifted by +0.2251 (+40.60%).

2014 Avg (August) 0.7796

2013 Avg (August) 0.5545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7248	0.6139	0.6429
February	0.7345	0.7032	0.7160
March	0.7582	0.7262	0.7379
April	0.7674	0.7505	0.7586
May	0.7814	0.7604	0.7721
June	0.7678	0.7533	0.7620
July	0.7790	0.7554	0.7652
August	0.7895	0.7683	0.7796
September	0.7890	0.7497	0.7668
October	0.7801	0.7458	0.7649
November	0.7777	0.7537	0.7675
December	0.7744	0.7317	0.7433