2011 SYP to ARS Historical Review

YEARLY HIGH

0.0889 ARS

YEARLY LOW

0.0819 ARS

YEARLY AVERAGE

0.0859 ARS

2011 SYP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SYP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 0.0889. Conversely, the yearly low was recorded on December 11, dropping to 0.0819.

This high-to-low spread represents a total annual volatility of 0.0070 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0851 to the December average rate of 0.0831, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0889 was up 3.03% compared to the 2010 peak of 0.0862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444 ARS

2010 Average 421 ARS

Yearly Trough Low 409 ARS

Transaction Impact: A difference of 34.96 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0882

0.0826

JanuMarcMayJulySeptNove

SYP 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 0.0859, compared to 0.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0859

H2 Avg (Jul–Dec) 0.0859

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0040 ARS (High: 0.0860 / Low: 0.0820). On the other end, June was the most stable month, with a tight range of 0.0005 ARS (High: 0.0865 / Low: 0.0861).

November Spread (Volatile) ±0.0040

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0873) against the same month in 2010 (average: 0.0849), the exchange rate shifted by +0.0024 (+2.87%).

2011 Avg (September) 0.0873

2010 Avg (September) 0.0849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0859	0.0844	0.0851
February	0.0865	0.0856	0.0860
March	0.0867	0.0853	0.0863
April	0.0860	0.0851	0.0856
May	0.0865	0.0858	0.0861
June	0.0865	0.0861	0.0863
July	0.0873	0.0863	0.0868
August	0.0886	0.0871	0.0878
September	0.0889	0.0857	0.0873
October	0.0861	0.0845	0.0853
November	0.0860	0.0820	0.0853
December	0.0858	0.0819	0.0831