2013 PEN to ARS Historical Review

YEARLY HIGH

2.3303 ARS

YEARLY LOW

1.9095 ARS

YEARLY AVERAGE

2.0240 ARS

2013 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3303. Conversely, the yearly low was recorded on June 23, dropping to 1.9095.

This high-to-low spread represents a total annual volatility of 0.4208 ARS. From a start-to-finish perspective, comparing the January average rate of 1.9395 to the December average rate of 2.2735, the exchange rate registered a net change of 17.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.3303 was up 20.95% compared to the 2012 peak of 1.9267, 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 11,652 ARS

2012 Average 8,625 ARS

Yearly Trough Low 9,547 ARS

Transaction Impact: A difference of 2,104.11 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.3071

1.9043

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 1.9572, compared to 2.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1336 points.

H1 Avg (Jan–Jun) 1.9572

H2 Avg (Jul–Dec) 2.0908

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1405 ARS (High: 2.3303 / Low: 2.1898). On the other end, January was the most stable month, with a tight range of 0.0216 ARS (High: 1.9476 / Low: 1.9259).

December Spread (Volatile) ±0.1405

January Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0431 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.2735) against the same month in 2012 (average: 1.9006), the exchange rate shifted by +0.3729 (+19.62%).

2013 Avg (December) 2.2735

2012 Avg (December) 1.9006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9476	1.9259	1.9395
February	1.9536	1.9259	1.9406
March	1.9795	1.9374	1.9608
April	1.9945	1.9634	1.9834
May	2.0115	1.9493	1.9810
June	1.9570	1.9095	1.9379
July	1.9735	1.9310	1.9574
August	2.0190	1.9686	1.9916
September	2.0967	2.0186	2.0623
October	2.1352	2.0824	2.1101
November	2.1933	2.1265	2.1498
December	2.3303	2.1898	2.2735