2014 TTD to ARS Historical Review

YEARLY HIGH

1.3466 ARS

YEARLY LOW

1.0165 ARS

YEARLY AVERAGE

1.2716 ARS

2014 TTD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 1.3466. Conversely, the yearly low was recorded on January 1, dropping to 1.0165.

This high-to-low spread represents a total annual volatility of 0.3301 ARS. From a start-to-finish perspective, comparing the January average rate of 1.0910 to the December average rate of 1.3430, the exchange rate registered a net change of 23.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3466 was up 32.52% compared to the 2013 peak of 1.0161, 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 6,733 ARS

2013 Average 4,274 ARS

Yearly Trough Low 5,083 ARS

Transaction Impact: A difference of 1,650.62 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3683

1.0658

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 1.2195, compared to 1.3236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1041 points.

H1 Avg (Jan–Jun) 1.2195

H2 Avg (Jul–Dec) 1.3236

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2350 ARS (High: 1.2515 / Low: 1.0165). On the other end, November was the most stable month, with a tight range of 0.0072 ARS (High: 1.3465 / Low: 1.3392).

January Spread (Volatile) ±0.2350

November Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.3430) against the same month in 2013 (average: 0.9888), the exchange rate shifted by +0.3542 (+35.82%).

2014 Avg (December) 1.3430

2013 Avg (December) 0.9888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2515	1.0165	1.0910
February	1.2523	1.2127	1.2280
March	1.2552	1.2310	1.2420
April	1.2502	1.2378	1.2421
May	1.2563	1.2408	1.2479
June	1.2737	1.2521	1.2662
July	1.2920	1.2749	1.2823
August	1.3255	1.2932	1.3106
September	1.3348	1.3167	1.3262
October	1.3463	1.3274	1.3366
November	1.3465	1.3392	1.3431
December	1.3466	1.3298	1.3430