2014 SVC to ARS Historical Review

YEARLY HIGH

0.9805 ARS

YEARLY LOW

0.7444 ARS

YEARLY AVERAGE

0.9271 ARS

2014 SVC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SVC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.9805. Conversely, the yearly low was recorded on January 1, dropping to 0.7444.

This high-to-low spread represents a total annual volatility of 0.2361 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7984 to the December average rate of 0.9758, the exchange rate registered a net change of 22.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9805 was up 31.67% compared to the 2013 peak of 0.7446, 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 4,902 ARS

2013 Average 3,131 ARS

Yearly Trough Low 3,722 ARS

Transaction Impact: A difference of 1,180.29 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9935

0.7806

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 0.8942, compared to 0.9600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0659 points.

H1 Avg (Jan–Jun) 0.8942

H2 Avg (Jul–Dec) 0.9600

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1702 ARS (High: 0.9146 / Low: 0.7444). On the other end, April was the most stable month, with a tight range of 0.0017 ARS (High: 0.9152 / Low: 0.9136).

January Spread (Volatile) ±0.1702

April 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 2014: 0.9758) against the same month in 2013 (average: 0.7239), the exchange rate shifted by +0.2519 (+34.80%).

2014 Avg (December) 0.9758

2013 Avg (December) 0.7239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9146	0.7444	0.7984
February	0.9159	0.8881	0.8986
March	0.9151	0.8983	0.9060
April	0.9152	0.9136	0.9144
May	0.9234	0.9131	0.9186
June	0.9307	0.9234	0.9289
July	0.9376	0.9281	0.9318
August	0.9603	0.9406	0.9496
September	0.9654	0.9520	0.9608
October	0.9764	0.9635	0.9687
November	0.9758	0.9714	0.9734
December	0.9805	0.9665	0.9758