2010 MAD to ARS Historical Review

YEARLY HIGH

0.4990 ARS

YEARLY LOW

0.4278 ARS

YEARLY AVERAGE

0.4649 ARS

2010 MAD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.4990. Conversely, the yearly low was recorded on June 8, dropping to 0.4278.

This high-to-low spread represents a total annual volatility of 0.0712 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4807 to the December average rate of 0.4715, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,495 ARS

Yearly Average 2,324 ARS

Yearly Trough Low 2,139 ARS

Transaction Impact: A difference of 356.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.4944

0.4302

JanuMarcMayJulySeptNove

MAD 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 0.4603, compared to 0.4694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.4603

H2 Avg (Jul–Dec) 0.4694

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0336 ARS (High: 0.4990 / Low: 0.4654). On the other end, February was the most stable month, with a tight range of 0.0098 ARS (High: 0.4754 / Low: 0.4656).

November Spread (Volatile) ±0.0336

February Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0206 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.4829.

2010 Avg (November) 0.4829

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4900	0.4733	0.4807
February	0.4754	0.4656	0.4689
March	0.4729	0.4615	0.4676
April	0.4713	0.4603	0.4648
May	0.4628	0.4342	0.4442
June	0.4407	0.4278	0.4355
July	0.4615	0.4378	0.4528
August	0.4666	0.4490	0.4570
September	0.4828	0.4524	0.4635
October	0.4944	0.4834	0.4890
November	0.4990	0.4654	0.4829
December	0.4772	0.4661	0.4715