2010 PEN to ARS Historical Review

YEARLY HIGH

1.3270 ARS

YEARLY LOW

1.2616 ARS

YEARLY AVERAGE

1.3015 ARS

2010 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1.3270. Conversely, the yearly low was recorded on January 12, dropping to 1.2616.

This high-to-low spread represents a total annual volatility of 0.0654 ARS. From a start-to-finish perspective, comparing the January average rate of 1.2661 to the December average rate of 1.3231, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 6,635 ARS

Yearly Average 6,508 ARS

Yearly Trough Low 6,308 ARS

Transaction Impact: A difference of 327.10 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.3288

1.2604

JanuMarcMayJulySeptNove

PEN 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 1.2874, compared to 1.3156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 1.2874

H2 Avg (Jul–Dec) 1.3156

Volatility Range Comparison

Volatility

The most volatile month in 2010 was February, with a trading range of 0.0121 ARS (High: 1.2874 / Low: 1.2753). On the other end, April was the most stable month, with a tight range of 0.0042 ARS (High: 1.2914 / Low: 1.2873).

February Spread (Volatile) ±0.0121

April Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 1.3231.

2010 Avg (December) 1.3231

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2717	1.2616	1.2661
February	1.2874	1.2753	1.2817
March	1.2894	1.2811	1.2847
April	1.2914	1.2873	1.2896
May	1.3006	1.2903	1.2971
June	1.3086	1.3018	1.3053
July	1.3106	1.3051	1.3086
August	1.3134	1.3078	1.3102
September	1.3218	1.3127	1.3147
October	1.3194	1.3147	1.3171
November	1.3243	1.3162	1.3198
December	1.3270	1.3208	1.3231