2012 SBD to ARS Historical Review

YEARLY HIGH

0.6933 ARS

YEARLY LOW

0.5645 ARS

YEARLY AVERAGE

0.6378 ARS

2012 SBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6933. Conversely, the yearly low was recorded on January 1, dropping to 0.5645.

This high-to-low spread represents a total annual volatility of 0.1288 ARS. From a start-to-finish perspective, comparing the January average rate of 0.5888 to the December average rate of 0.6874, the exchange rate registered a net change of 16.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6933 was up 21.55% compared to the 2011 peak of 0.5704, 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 3,466 ARS

2011 Average 2,713 ARS

Yearly Trough Low 2,823 ARS

Transaction Impact: A difference of 643.79 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6973

0.5789

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 0.6139, compared to 0.6616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.6139

H2 Avg (Jul–Dec) 0.6616

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0476 ARS (High: 0.6121 / Low: 0.5645). On the other end, September was the most stable month, with a tight range of 0.0068 ARS (High: 0.6620 / Low: 0.6552).

January Spread (Volatile) ±0.0476

September Spread (Stable) ±0.0068

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 February and March, when the average rate fell by 0.0067 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.6874) against the same month in 2011 (average: 0.5615), the exchange rate shifted by +0.1259 (+22.43%).

2012 Avg (December) 0.6874

2011 Avg (December) 0.5615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6121	0.5645	0.5888
February	0.6230	0.6102	0.6164
March	0.6154	0.6053	0.6097
April	0.6206	0.6125	0.6163
May	0.6205	0.6067	0.6136
June	0.6477	0.6209	0.6389
July	0.6479	0.6172	0.6340
August	0.6556	0.6472	0.6518
September	0.6620	0.6552	0.6586
October	0.6715	0.6509	0.6631
November	0.6826	0.6658	0.6747
December	0.6933	0.6766	0.6874