2014 SOS to ARS Historical Review

YEARLY HIGH

0.0121 ARS

YEARLY LOW

0.0057 ARS

YEARLY AVERAGE

0.0091 ARS

2014 SOS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SOS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0121. Conversely, the yearly low was recorded on January 1, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0064 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0117, the exchange rate registered a net change of 84.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0121 was up 108.20% compared to the 2013 peak of 0.0058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61 ARS

2013 Average 20 ARS

Yearly Trough Low 29 ARS

Transaction Impact: A difference of 31.81 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0122

0.0058

JanuMarcMayJulySeptNove

SOS 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 0.0078, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0078

H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0017 ARS (High: 0.0074 / Low: 0.0057). On the other end, April was the most stable month, with a tight range of 0.0002 ARS (High: 0.0082 / Low: 0.0081).

January Spread (Volatile) ±0.0017

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0117) against the same month in 2013 (average: 0.0054), the exchange rate shifted by +0.0063 (+115.04%).

2014 Avg (December) 0.0117

2013 Avg (December) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0074	0.0057	0.0063
February	0.0075	0.0072	0.0074
March	0.0081	0.0075	0.0078
April	0.0082	0.0081	0.0082
May	0.0085	0.0082	0.0083
June	0.0088	0.0085	0.0087
July	0.0096	0.0088	0.0090
August	0.0100	0.0097	0.0098
September	0.0109	0.0100	0.0103
October	0.0110	0.0108	0.0109
November	0.0114	0.0108	0.0110
December	0.0121	0.0113	0.0117