2011 PGK to ARS Historical Review

YEARLY HIGH

2.0211 ARS

YEARLY LOW

1.5067 ARS

YEARLY AVERAGE

1.7669 ARS

2011 PGK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.0211. Conversely, the yearly low was recorded on January 25, dropping to 1.5067.

This high-to-low spread represents a total annual volatility of 0.5144 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5205 to the December average rate of 2.0147, the exchange rate registered a net change of 32.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0211 was up 30.54% compared to the 2010 peak of 1.5482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,105 ARS

2010 Average 7,258 ARS

Yearly Trough Low 7,533 ARS

Transaction Impact: A difference of 2,572.13 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0641

1.4711

JanuMarcMayJulySeptNove

PGK 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 1.6120, compared to 1.9219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3100 points.

H1 Avg (Jan–Jun) 1.6120

H2 Avg (Jul–Dec) 1.9219

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.1267 ARS (High: 1.8120 / Low: 1.6853). On the other end, December was the most stable month, with a tight range of 0.0095 ARS (High: 2.0198 / Low: 2.0104).

June Spread (Volatile) ±0.1267

December Spread (Stable) ±0.0095

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 (November 2011: 2.0031) against the same month in 2010 (average: 1.5276), the exchange rate shifted by +0.4756 (+31.13%).

2011 Avg (November) 2.0031

2010 Avg (November) 1.5276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5320	1.5067	1.5205
February	1.5609	1.5283	1.5405
March	1.5838	1.5462	1.5593
April	1.6673	1.5663	1.6153
May	1.6977	1.6673	1.6849
June	1.8120	1.6853	1.7511
July	1.8507	1.7877	1.8110
August	1.8965	1.8185	1.8686
September	1.9043	1.8935	1.8996
October	1.9871	1.9023	1.9344
November	2.0211	1.9814	2.0031
December	2.0198	2.0104	2.0147