2013 RON to ARS Historical Review

YEARLY HIGH

2.0113 ARS

YEARLY LOW

1.4581 ARS

YEARLY AVERAGE

1.6467 ARS

2013 RON to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the RON to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.0113. Conversely, the yearly low was recorded on January 5, dropping to 1.4581.

This high-to-low spread represents a total annual volatility of 0.5532 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5016 to the December average rate of 1.9448, the exchange rate registered a net change of 29.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.0113 was up 36.75% compared to the 2012 peak of 1.4708, 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 10,056 ARS

2012 Average 6,557 ARS

Yearly Trough Low 7,290 ARS

Transaction Impact: A difference of 2,765.92 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.9892

1.4573

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 1.5330, compared to 1.7604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2274 points.

H1 Avg (Jan–Jun) 1.5330

H2 Avg (Jul–Dec) 1.7604

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.1338 ARS (High: 2.0113 / Low: 1.8775). On the other end, May was the most stable month, with a tight range of 0.0352 ARS (High: 1.5845 / Low: 1.5493).

December Spread (Volatile) ±0.1338

May Spread (Stable) ±0.0352

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0239 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.9448) against the same month in 2012 (average: 1.4280), the exchange rate shifted by +0.5168 (+36.19%).

2013 Avg (December) 1.9448

2012 Avg (December) 1.4280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5413	1.4581	1.5016
February	1.5535	1.5035	1.5259
March	1.5213	1.4850	1.5021
April	1.5664	1.4843	1.5322
May	1.5845	1.5493	1.5675
June	1.5993	1.5501	1.5685
July	1.6590	1.5583	1.6079
August	1.7001	1.6505	1.6758
September	1.7552	1.6707	1.7147
October	1.8298	1.7597	1.7942
November	1.8818	1.7927	1.8247
December	2.0113	1.8775	1.9448