2011 PYG to ARS Historical Review

YEARLY HIGH

0.0011 ARS

YEARLY LOW

0.0009 ARS

YEARLY AVERAGE

0.0010 ARS

2011 PYG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PYG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0011. Conversely, the yearly low was recorded on January 16, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0002 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0010, the exchange rate registered a net change of 12.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0011 was up 27.96% compared to the 2010 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6 ARS

2010 Average 4 ARS

Yearly Trough Low 4 ARS

Transaction Impact: A difference of 1.24 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0011

0.0008

JanuMarcMayJulySeptNove

PYG 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 0.0010, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0010

H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2011 was March, with a trading range of 0.0001 ARS (High: 0.0010 / Low: 0.0009). On the other end, June was the most stable month, with a tight range of 0.0000 ARS (High: 0.0010 / Low: 0.0010).

March Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0011) against the same month in 2010 (average: 0.0008), the exchange rate shifted by +0.0002 (+29.86%).

2011 Avg (August) 0.0011

2010 Avg (August) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0009	0.0009
February	0.0009	0.0009	0.0009
March	0.0010	0.0009	0.0009
April	0.0010	0.0010	0.0010
May	0.0010	0.0010	0.0010
June	0.0010	0.0010	0.0010
July	0.0011	0.0010	0.0010
August	0.0011	0.0011	0.0011
September	0.0011	0.0010	0.0011
October	0.0010	0.0010	0.0010
November	0.0010	0.0010	0.0010
December	0.0010	0.0010	0.0010