2013 MDL to ARS Historical Review

YEARLY HIGH

0.5029 ARS

YEARLY LOW

0.4052 ARS

YEARLY AVERAGE

0.4362 ARS

2013 MDL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MDL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5029. Conversely, the yearly low was recorded on January 11, dropping to 0.4052.

This high-to-low spread represents a total annual volatility of 0.0978 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4079 to the December average rate of 0.4897, the exchange rate registered a net change of 20.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.5029 was up 23.40% compared to the 2012 peak of 0.4076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,515 ARS

2012 Average 1,879 ARS

Yearly Trough Low 2,026 ARS

Transaction Impact: A difference of 488.84 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4979

0.3997

JanuMarcMayJulySeptNove

MDL 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 0.4173, compared to 0.4551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 0.4173

H2 Avg (Jul–Dec) 0.4551

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0356 ARS (High: 0.5029 / Low: 0.4674). On the other end, March was the most stable month, with a tight range of 0.0046 ARS (High: 0.4144 / Low: 0.4098).

December Spread (Volatile) ±0.0356

March Spread (Stable) ±0.0046

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 0.0008 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.4897) against the same month in 2012 (average: 0.4007), the exchange rate shifted by +0.0890 (+22.22%).

2013 Avg (December) 0.4897

2012 Avg (December) 0.4007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4134	0.4052	0.4079
February	0.4149	0.4095	0.4134
March	0.4144	0.4098	0.4125
April	0.4227	0.4120	0.4177
May	0.4288	0.4192	0.4236
June	0.4323	0.4226	0.4286
July	0.4553	0.4270	0.4381
August	0.4511	0.4360	0.4395
September	0.4557	0.4435	0.4476
October	0.4614	0.4436	0.4517
November	0.4693	0.4599	0.4642
December	0.5029	0.4674	0.4897