2011 TTD to ARS Historical Review

YEARLY HIGH

0.6794 ARS

YEARLY LOW

0.6274 ARS

YEARLY AVERAGE

0.6529 ARS

2011 TTD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TTD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6794. Conversely, the yearly low was recorded on January 4, dropping to 0.6274.

This high-to-low spread represents a total annual volatility of 0.0520 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6300 to the December average rate of 0.6773, the exchange rate registered a net change of 7.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6794 was up 7.53% compared to the 2010 peak of 0.6318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,397 ARS

2010 Average 3,102 ARS

Yearly Trough Low 3,137 ARS

Transaction Impact: A difference of 259.83 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6820

0.6253

JanuMarcMayJulySeptNove

TTD 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 0.6404, compared to 0.6654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.6404

H2 Avg (Jul–Dec) 0.6654

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0104 ARS (High: 0.6636 / Low: 0.6532). On the other end, December was the most stable month, with a tight range of 0.0037 ARS (High: 0.6794 / Low: 0.6757).

August Spread (Volatile) ±0.0104

December Spread (Stable) ±0.0037

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 2011: 0.6773) against the same month in 2010 (average: 0.6299), the exchange rate shifted by +0.0473 (+7.52%).

2011 Avg (December) 0.6773

2010 Avg (December) 0.6299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6336	0.6274	0.6300
February	0.6396	0.6339	0.6371
March	0.6412	0.6374	0.6389
April	0.6460	0.6401	0.6430
May	0.6491	0.6444	0.6459
June	0.6505	0.6461	0.6477
July	0.6555	0.6472	0.6516
August	0.6636	0.6532	0.6589
September	0.6668	0.6629	0.6645
October	0.6699	0.6645	0.6669
November	0.6762	0.6697	0.6732
December	0.6794	0.6757	0.6773