2012 PEN to ARS Historical Review

YEARLY HIGH

1.9267 ARS

YEARLY LOW

1.5946 ARS

YEARLY AVERAGE

1.7246 ARS

2012 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9267. Conversely, the yearly low was recorded on January 1, dropping to 1.5946.

This high-to-low spread represents a total annual volatility of 0.3321 ARS. From a start-to-finish perspective, comparing the January average rate of 1.6033 to the December average rate of 1.9006, the exchange rate registered a net change of 18.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.9267 was up 20.80% compared to the 2011 peak of 1.5949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,634 ARS

2011 Average 7,495 ARS

Yearly Trough Low 7,973 ARS

Transaction Impact: A difference of 1,660.45 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.9304

1.5736

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 1.6412, compared to 1.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1668 points.

H1 Avg (Jan–Jun) 1.6412

H2 Avg (Jul–Dec) 1.8080

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0546 ARS (High: 1.7046 / Low: 1.6500). On the other end, January was the most stable month, with a tight range of 0.0164 ARS (High: 1.6110 / Low: 1.5946).

June Spread (Volatile) ±0.0546

January Spread (Stable) ±0.0164

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

Comparing the current year's strongest month average (December 2012: 1.9006) against the same month in 2011 (average: 1.5891), the exchange rate shifted by +0.3115 (+19.60%).

2012 Avg (December) 1.9006

2011 Avg (December) 1.5891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6110	1.5946	1.6033
February	1.6317	1.6111	1.6193
March	1.6368	1.6185	1.6296
April	1.6713	1.6362	1.6534
May	1.6770	1.6507	1.6668
June	1.7046	1.6500	1.6750
July	1.7445	1.6930	1.7251
August	1.7738	1.7366	1.7599
September	1.8112	1.7752	1.7935
October	1.8403	1.8065	1.8243
November	1.8722	1.8293	1.8447
December	1.9267	1.8732	1.9006