2011 SBD to ARS Historical Review

YEARLY HIGH

0.5704 ARS

YEARLY LOW

0.4982 ARS

YEARLY AVERAGE

0.5424 ARS

2011 SBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.5704. Conversely, the yearly low was recorded on January 2, dropping to 0.4982.

This high-to-low spread represents a total annual volatility of 0.0722 ARS. From a start-to-finish perspective, comparing the January average rate of 0.5102 to the December average rate of 0.5615, the exchange rate registered a net change of 10.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5704 was up 8.65% compared to the 2010 peak of 0.5250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,852 ARS

2010 Average 2,503 ARS

Yearly Trough Low 2,491 ARS

Transaction Impact: A difference of 360.82 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5689

0.5049

JanuMarcMayJulySeptNove

SBD 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 0.5271, compared to 0.5577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 0.5271

H2 Avg (Jul–Dec) 0.5577

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0228 ARS (High: 0.5210 / Low: 0.4982). On the other end, December was the most stable month, with a tight range of 0.0081 ARS (High: 0.5646 / Low: 0.5566).

January Spread (Volatile) ±0.0228

December Spread (Stable) ±0.0081

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 September and October, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.5617) against the same month in 2010 (average: 0.5026), the exchange rate shifted by +0.0592 (+11.77%).

2011 Avg (August) 0.5617

2010 Avg (August) 0.5026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5210	0.4982	0.5102
February	0.5251	0.5145	0.5190
March	0.5340	0.5225	0.5274
April	0.5423	0.5247	0.5317
May	0.5423	0.5224	0.5308
June	0.5504	0.5351	0.5432
July	0.5642	0.5522	0.5570
August	0.5704	0.5540	0.5617
September	0.5663	0.5455	0.5554
October	0.5591	0.5410	0.5473
November	0.5686	0.5554	0.5635
December	0.5646	0.5566	0.5615