2012 PGK to ARS Historical Review

YEARLY HIGH

2.4037 ARS

YEARLY LOW

2.0192 ARS

YEARLY AVERAGE

2.1945 ARS

2012 PGK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4037. Conversely, the yearly low was recorded on January 1, dropping to 2.0192.

This high-to-low spread represents a total annual volatility of 0.3845 ARS. From a start-to-finish perspective, comparing the January average rate of 2.0523 to the December average rate of 2.3685, the exchange rate registered a net change of 15.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.4037 was up 18.93% compared to the 2011 peak of 2.0211, 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 12,018 ARS

2011 Average 8,841 ARS

Yearly Trough Low 10,096 ARS

Transaction Impact: A difference of 1,922.47 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.4001

2.0207

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 2.1071, compared to 2.2818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1747 points.

H1 Avg (Jan–Jun) 2.1071

H2 Avg (Jul–Dec) 2.2818

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.0893 ARS (High: 2.1333 / Low: 2.0439). On the other end, November was the most stable month, with a tight range of 0.0337 ARS (High: 2.3430 / Low: 2.3093).

February Spread (Volatile) ±0.0893

November Spread (Stable) ±0.0337

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: 2.3685) against the same month in 2011 (average: 2.0147), the exchange rate shifted by +0.3538 (+17.56%).

2012 Avg (December) 2.3685

2011 Avg (December) 2.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1033	2.0192	2.0523
February	2.1333	2.0439	2.0750
March	2.1321	2.0705	2.0825
April	2.1599	2.0903	2.1328
May	2.1979	2.1239	2.1457
June	2.1740	2.1274	2.1544
July	2.2310	2.1562	2.2032
August	2.2516	2.2101	2.2319
September	2.3002	2.2414	2.2705
October	2.3117	2.2659	2.2933
November	2.3430	2.3093	2.3234
December	2.4037	2.3297	2.3685