2011 RON to ARS Historical Review

YEARLY HIGH

1.4851 ARS

YEARLY LOW

1.2045 ARS

YEARLY AVERAGE

1.3559 ARS

2011 RON to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.4851. Conversely, the yearly low was recorded on January 10, dropping to 1.2045.

This high-to-low spread represents a total annual volatility of 0.2807 ARS. From a start-to-finish perspective, comparing the January average rate of 1.2472 to the December average rate of 1.3049, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4851 was up 10.84% compared to the 2010 peak of 1.3399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,426 ARS

2010 Average 6,161 ARS

Yearly Trough Low 6,022 ARS

Transaction Impact: A difference of 1,403.45 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4516

1.2286

JanuMarcMayJulySeptNove

RON 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 1.3600, compared to 1.3519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 1.3600

H2 Avg (Jul–Dec) 1.3519

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1147 ARS (High: 1.4164 / Low: 1.3018). On the other end, December was the most stable month, with a tight range of 0.0465 ARS (High: 1.3255 / Low: 1.2790).

September Spread (Volatile) ±0.1147

December Spread (Stable) ±0.0465

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0504 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.4330) against the same month in 2010 (average: 1.2599), the exchange rate shifted by +0.1731 (+13.74%).

2011 Avg (April) 1.4330

2010 Avg (April) 1.2599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2865	1.2045	1.2472
February	1.3241	1.2727	1.2923
March	1.3956	1.3232	1.3577
April	1.4851	1.3863	1.4330
May	1.4848	1.3891	1.4245
June	1.4443	1.3594	1.4052
July	1.4221	1.3390	1.3876
August	1.4324	1.3698	1.4031
September	1.4164	1.3018	1.3528
October	1.3909	1.2833	1.3385
November	1.3443	1.2928	1.3245
December	1.3255	1.2790	1.3049