2014 PEN to ARS Historical Review

YEARLY HIGH

2.9749 ARS

YEARLY LOW

2.3288 ARS

YEARLY AVERAGE

2.8572 ARS

2014 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2.9749. Conversely, the yearly low was recorded on January 1, dropping to 2.3288.

This high-to-low spread represents a total annual volatility of 0.6461 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4865 to the December average rate of 2.8842, the exchange rate registered a net change of 16.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9749 was up 27.66% compared to the 2013 peak of 2.3303, 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 14,874 ARS

2013 Average 10,123 ARS

Yearly Trough Low 11,644 ARS

Transaction Impact: A difference of 3,230.59 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.0001

2.4398

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 2.7931, compared to 2.9214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1283 points.

H1 Avg (Jan–Jun) 2.7931

H2 Avg (Jul–Dec) 2.9214

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5127 ARS (High: 2.8414 / Low: 2.3288). On the other end, June was the most stable month, with a tight range of 0.0234 ARS (High: 2.9221 / Low: 2.8987).

January Spread (Volatile) ±0.5127

June Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0259 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 2.9534) against the same month in 2013 (average: 1.9916), the exchange rate shifted by +0.9618 (+48.29%).

2014 Avg (August) 2.9534

2013 Avg (August) 1.9916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8414	2.3288	2.4865
February	2.8385	2.7638	2.7929
March	2.8478	2.8054	2.8237
April	2.8887	2.8447	2.8664
May	2.9212	2.8496	2.8803
June	2.9221	2.8987	2.9089
July	2.9365	2.9065	2.9265
August	2.9749	2.9396	2.9534
September	2.9504	2.9201	2.9366
October	2.9340	2.9081	2.9174
November	2.9297	2.8978	2.9101
December	2.9169	2.8420	2.8842