2013 LTL to ARS Historical Review

YEARLY HIGH

2.6038 ARS

YEARLY LOW

1.8666 ARS

YEARLY AVERAGE

2.1081 ARS

2013 LTL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the LTL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.6038. Conversely, the yearly low was recorded on January 6, dropping to 1.8666.

This high-to-low spread represents a total annual volatility of 0.7372 ARS. From a start-to-finish perspective, comparing the January average rate of 1.9046 to the December average rate of 2.5136, the exchange rate registered a net change of 31.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.6038 was up 38.15% compared to the 2012 peak of 1.8848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,019 ARS

2012 Average 8,465 ARS

Yearly Trough Low 9,333 ARS

Transaction Impact: A difference of 3,686.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.5745

1.8437

JanuMarcMayJulySeptNove

LTL 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 1.9494, compared to 2.2668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3173 points.

H1 Avg (Jan–Jun) 1.9494

H2 Avg (Jul–Dec) 2.2668

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1893 ARS (High: 2.6038 / Low: 2.4145). On the other end, March was the most stable month, with a tight range of 0.0324 ARS (High: 1.9313 / Low: 1.8989).

December Spread (Volatile) ±0.1893

March Spread (Stable) ±0.0324

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 0.0268 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.5136) against the same month in 2012 (average: 1.8535), the exchange rate shifted by +0.6600 (+35.61%).

2013 Avg (December) 2.5136

2012 Avg (December) 1.8535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9565	1.8666	1.9046
February	1.9680	1.9105	1.9372
March	1.9313	1.8989	1.9104
April	1.9691	1.9010	1.9428
May	1.9889	1.9467	1.9676
June	2.0683	1.9874	2.0340
July	2.1170	2.0074	2.0600
August	2.1845	2.1096	2.1518
September	2.2664	2.1680	2.2172
October	2.3513	2.2687	2.3088
November	2.4160	2.3084	2.3493
December	2.6038	2.4145	2.5136