2014 MMK to ARS Historical Review

YEARLY HIGH

0.0087 ARS

YEARLY LOW

0.0066 ARS

YEARLY AVERAGE

0.0082 ARS

2014 MMK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0087. Conversely, the yearly low was recorded on January 1, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0021 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0083, the exchange rate registered a net change of 16.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0087 was up 31.22% compared to the 2013 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43 ARS

2013 Average 29 ARS

Yearly Trough Low 33 ARS

Transaction Impact: A difference of 10.25 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0087

0.0069

JanuMarcMayJulySeptNove

MMK 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 0.0080, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0080

H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0015 ARS (High: 0.0081 / Low: 0.0066). On the other end, April was the most stable month, with a tight range of 0.0000 ARS (High: 0.0083 / Low: 0.0083).

January Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.0086) against the same month in 2013 (average: 0.0059), the exchange rate shifted by +0.0027 (+45.34%).

2014 Avg (September) 0.0086

2013 Avg (September) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0081	0.0066	0.0071
February	0.0082	0.0079	0.0080
March	0.0083	0.0080	0.0082
April	0.0083	0.0083	0.0083
May	0.0084	0.0083	0.0083
June	0.0084	0.0083	0.0084
July	0.0084	0.0083	0.0084
August	0.0086	0.0085	0.0086
September	0.0087	0.0085	0.0086
October	0.0086	0.0085	0.0085
November	0.0085	0.0081	0.0083
December	0.0083	0.0082	0.0083