2012 RON to ARS Historical Review

YEARLY HIGH

1.4708 ARS

YEARLY LOW

1.1907 ARS

YEARLY AVERAGE

1.3114 ARS

2012 RON to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RON to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.4708. Conversely, the yearly low was recorded on July 24, dropping to 1.1907.

This high-to-low spread represents a total annual volatility of 0.2801 ARS. From a start-to-finish perspective, comparing the January average rate of 1.2836 to the December average rate of 1.4280, the exchange rate registered a net change of 11.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4708 was down 0.97% compared to the 2011 peak of 1.4851, 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 7,354 ARS

2011 Average 6,781 ARS

Yearly Trough Low 5,953 ARS

Transaction Impact: A difference of 1,400.65 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4480

1.2075

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 1.2972, compared to 1.3257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 1.2972

H2 Avg (Jul–Dec) 1.3257

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.0912 ARS (High: 1.3062 / Low: 1.2150). On the other end, April was the most stable month, with a tight range of 0.0228 ARS (High: 1.3332 / Low: 1.3104).

August Spread (Volatile) ±0.0912

April Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0387 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.4280) against the same month in 2011 (average: 1.3049), the exchange rate shifted by +0.1231 (+9.43%).

2012 Avg (December) 1.4280

2011 Avg (December) 1.3049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3155	1.2563	1.2836
February	1.3435	1.3007	1.3211
March	1.3334	1.2987	1.3171
April	1.3332	1.3104	1.3212
May	1.3190	1.2378	1.2825
June	1.2814	1.2347	1.2574
July	1.2813	1.1907	1.2275
August	1.3062	1.2150	1.2632
September	1.3618	1.2977	1.3342
October	1.3613	1.3282	1.3435
November	1.3904	1.3386	1.3579
December	1.4708	1.3857	1.4280