2011 SVC to ARS Historical Review

YEARLY HIGH

0.4920 ARS

YEARLY LOW

0.4540 ARS

YEARLY AVERAGE

0.4717 ARS

2011 SVC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SVC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4920. Conversely, the yearly low was recorded on January 6, dropping to 0.4540.

This high-to-low spread represents a total annual volatility of 0.0380 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4549 to the December average rate of 0.4899, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4920 was up 7.98% compared to the 2010 peak of 0.4556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,460 ARS

2010 Average 2,235 ARS

Yearly Trough Low 2,270 ARS

Transaction Impact: A difference of 190.02 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4934

0.4514

JanuMarcMayJulySeptNove

SVC 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 0.4625, compared to 0.4810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.4625

H2 Avg (Jul–Dec) 0.4810

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0074 ARS (High: 0.4798 / Low: 0.4724). On the other end, September was the most stable month, with a tight range of 0.0017 ARS (High: 0.4809 / Low: 0.4792).

August Spread (Volatile) ±0.0074

September Spread (Stable) ±0.0017

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 2011: 0.4899) against the same month in 2010 (average: 0.4545), the exchange rate shifted by +0.0355 (+7.81%).

2011 Avg (December) 0.4899

2010 Avg (December) 0.4545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4574	0.4540	0.4549
February	0.4606	0.4576	0.4595
March	0.4630	0.4601	0.4611
April	0.4665	0.4622	0.4645
May	0.4694	0.4658	0.4668
June	0.4694	0.4662	0.4679
July	0.4731	0.4676	0.4707
August	0.4798	0.4724	0.4759
September	0.4809	0.4792	0.4802
October	0.4844	0.4805	0.4822
November	0.4890	0.4844	0.4868
December	0.4920	0.4884	0.4899