2013 ARS to CVE Historical Review

YEARLY HIGH

17.0672 CVE

YEARLY LOW

12.2310 CVE

YEARLY AVERAGE

15.2503 CVE

2013 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 17.0672. Conversely, the yearly low was recorded on December 30, dropping to 12.2310.

This high-to-low spread represents a total annual volatility of 4.8362 CVE. From a start-to-finish perspective, comparing the January average rate of 16.7803 to the December average rate of 12.6816, the exchange rate registered a net change of -24.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 17.0672 was down 15.50% compared to the 2012 peak of 20.1988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,336 CVE

2012 Average 94,681 CVE

Yearly Trough Low 61,155 CVE

Transaction Impact: A difference of 24,181.11 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

17.1902

12.2718

JanuMarcMayJulySeptNove

ARS to CVE 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 16.3971, compared to 14.1036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2935 points.

H1 Avg (Jan–Jun) 16.3971

H2 Avg (Jul–Dec) 14.1036

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 0.9893 CVE (High: 15.9482 / Low: 14.9589). On the other end, March was the most stable month, with a tight range of 0.3265 CVE (High: 16.8488 / Low: 16.5223).

July Spread (Volatile) ±0.9893

March Spread (Stable) ±0.3265

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8722 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 16.7803) against the same month in 2012 (average: 19.8114), the exchange rate shifted by -3.0311 (-15.30%).

2013 Avg (January) 16.7803

2012 Avg (January) 19.8114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0672	16.3897	16.7803
February	16.6761	16.2634	16.4831
March	16.8488	16.5223	16.7279
April	16.8352	16.2416	16.4656
May	16.4394	16.0372	16.2240
June	16.1020	15.4876	15.7016
July	15.9482	14.9589	15.5136
August	15.0498	14.4971	14.8068
September	14.6173	13.9836	14.2970
October	13.9766	13.4923	13.7686
November	13.7488	13.1816	13.5539
December	13.1889	12.2310	12.6816

2013 ARS నుండి CVE చారిత్రక సమీక్ష