2011 MNT to ARS Historical Review

YEARLY HIGH

0.0034 ARS

YEARLY LOW

0.0031 ARS

YEARLY AVERAGE

0.0033 ARS

2011 MNT to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0034. Conversely, the yearly low was recorded on December 14, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0003 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0031, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0034 was up 3.68% compared to the 2010 peak of 0.0033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 ARS

2010 Average 14 ARS

Yearly Trough Low 16 ARS

Transaction Impact: A difference of 1.65 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0034

0.0031

JanuMarcMayJulySeptNove

MNT 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 0.0033, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0033

H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0002 ARS (High: 0.0034 / Low: 0.0032). On the other end, February was the most stable month, with a tight range of 0.0000 ARS (High: 0.0032 / Low: 0.0032).

March Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0034) against the same month in 2010 (average: 0.0030), the exchange rate shifted by +0.0004 (+13.78%).

2011 Avg (August) 0.0034

2010 Avg (August) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0032	0.0031	0.0032
February	0.0032	0.0032	0.0032
March	0.0034	0.0032	0.0033
April	0.0034	0.0032	0.0033
May	0.0034	0.0032	0.0033
June	0.0033	0.0032	0.0033
July	0.0033	0.0033	0.0033
August	0.0034	0.0033	0.0034
September	0.0034	0.0033	0.0034
October	0.0033	0.0033	0.0033
November	0.0033	0.0032	0.0033
December	0.0032	0.0031	0.0031