2014 TJS to ARS Historical Review

YEARLY HIGH

1.7055 ARS

YEARLY LOW

1.3650 ARS

YEARLY AVERAGE

1.6449 ARS

2014 TJS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TJS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 1.7055. Conversely, the yearly low was recorded on January 1, dropping to 1.3650.

This high-to-low spread represents a total annual volatility of 0.3405 ARS. From a start-to-finish perspective, comparing the January average rate of 1.4631 to the December average rate of 1.6595, the exchange rate registered a net change of 13.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.7055 was up 24.83% compared to the 2013 peak of 1.3662, 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 8,527 ARS

2013 Average 5,748 ARS

Yearly Trough Low 6,825 ARS

Transaction Impact: A difference of 1,702.39 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.7200

1.4398

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 1.6158, compared to 1.6740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0582 points.

H1 Avg (Jan–Jun) 1.6158

H2 Avg (Jul–Dec) 1.6740

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.3090 ARS (High: 1.6740 / Low: 1.3650). On the other end, July was the most stable month, with a tight range of 0.0082 ARS (High: 1.6537 / Low: 1.6455).

January Spread (Volatile) ±0.3090

July Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0217 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.6966) against the same month in 2013 (average: 1.2253), the exchange rate shifted by +0.4713 (+38.46%).

2014 Avg (October) 1.6966

2013 Avg (October) 1.2253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6740	1.3650	1.4631
February	1.6704	1.6182	1.6368
March	1.6673	1.6351	1.6495
April	1.6618	1.6341	1.6553
May	1.6468	1.6214	1.6382
June	1.6605	1.6457	1.6518
July	1.6537	1.6455	1.6484
August	1.6901	1.6578	1.6700
September	1.6978	1.6815	1.6882
October	1.7055	1.6891	1.6966
November	1.7026	1.6706	1.6812
December	1.6812	1.6267	1.6595