2014 NPR to ARS Historical Review

YEARLY HIGH

0.0870 ARS

YEARLY LOW

0.0656 ARS

YEARLY AVERAGE

0.0830 ARS

2014 NPR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0870. Conversely, the yearly low was recorded on January 3, dropping to 0.0656.

This high-to-low spread represents a total annual volatility of 0.0214 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0703 to the December average rate of 0.0851, the exchange rate registered a net change of 21.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0870 was up 32.22% compared to the 2013 peak of 0.0658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 435 ARS

2013 Average 292 ARS

Yearly Trough Low 328 ARS

Transaction Impact: A difference of 107.14 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0879

0.0687

JanuMarcMayJulySeptNove

NPR 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 0.0804, compared to 0.0856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0804

H2 Avg (Jul–Dec) 0.0856

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0144 ARS (High: 0.0800 / Low: 0.0656). On the other end, November was the most stable month, with a tight range of 0.0006 ARS (High: 0.0864 / Low: 0.0858).

January Spread (Volatile) ±0.0144

November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.0863) against the same month in 2013 (average: 0.0562), the exchange rate shifted by +0.0301 (+53.60%).

2014 Avg (September) 0.0863

2013 Avg (September) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0800	0.0656	0.0703
February	0.0800	0.0781	0.0789
March	0.0836	0.0793	0.0811
April	0.0836	0.0820	0.0828
May	0.0862	0.0828	0.0844
June	0.0859	0.0843	0.0850
July	0.0852	0.0843	0.0847
August	0.0867	0.0842	0.0852
September	0.0870	0.0855	0.0863
October	0.0869	0.0855	0.0861
November	0.0864	0.0858	0.0860
December	0.0867	0.0835	0.0851