2012 TJS to ARS Historical Review

YEARLY HIGH

1.0316 ARS

YEARLY LOW

0.9038 ARS

YEARLY AVERAGE

0.9605 ARS

2012 TJS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TJS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0316. Conversely, the yearly low was recorded on January 1, dropping to 0.9038.

This high-to-low spread represents a total annual volatility of 0.1278 ARS. From a start-to-finish perspective, comparing the January average rate of 0.9076 to the December average rate of 1.0235, the exchange rate registered a net change of 12.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0316 was up 12.67% compared to the 2011 peak of 0.9156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,158 ARS

2011 Average 4,479 ARS

Yearly Trough Low 4,519 ARS

Transaction Impact: A difference of 639.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0351

0.8961

JanuMarcMayJulySeptNove

TJS 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 0.9222, compared to 0.9988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0766 points.

H1 Avg (Jan–Jun) 0.9222

H2 Avg (Jul–Dec) 0.9988

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0827 ARS (High: 0.9992 / Low: 0.9165). On the other end, February was the most stable month, with a tight range of 0.0058 ARS (High: 0.9164 / Low: 0.9106).

July Spread (Volatile) ±0.0827

February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0129 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.0235) against the same month in 2011 (average: 0.9008), the exchange rate shifted by +0.1227 (+13.62%).

2012 Avg (December) 1.0235

2011 Avg (December) 0.9008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9114	0.9038	0.9076
February	0.9164	0.9106	0.9134
March	0.9187	0.9109	0.9150
April	0.9272	0.9183	0.9234
May	0.9381	0.9270	0.9337
June	0.9479	0.9275	0.9400
July	0.9992	0.9165	0.9596
August	1.0110	0.9981	1.0051
September	1.0251	0.9814	1.0058
October	1.0273	0.9858	0.9929
November	1.0131	1.0000	1.0060
December	1.0316	1.0137	1.0235