2011 VUV to ARS Historical Review

YEARLY HIGH

0.0480 ARS

YEARLY LOW

0.0418 ARS

YEARLY AVERAGE

0.0453 ARS

2011 VUV to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0480. Conversely, the yearly low was recorded on January 12, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0062 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0425 to the December average rate of 0.0463, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0480 was up 9.77% compared to the 2010 peak of 0.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 240 ARS

2010 Average 202 ARS

Yearly Trough Low 209 ARS

Transaction Impact: A difference of 31.11 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0471

0.0420

JanuMarcMayJulySeptNove

VUV 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 0.0442, compared to 0.0465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0442

H2 Avg (Jul–Dec) 0.0465

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0024 ARS (High: 0.0471 / Low: 0.0447). On the other end, February was the most stable month, with a tight range of 0.0010 ARS (High: 0.0437 / Low: 0.0427).

October Spread (Volatile) ±0.0024

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.0467) against the same month in 2010 (average: 0.0394), the exchange rate shifted by +0.0074 (+18.68%).

2011 Avg (July) 0.0467

2010 Avg (July) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0432	0.0418	0.0425
February	0.0437	0.0427	0.0431
March	0.0438	0.0426	0.0432
April	0.0457	0.0438	0.0445
May	0.0465	0.0448	0.0457
June	0.0466	0.0455	0.0461
July	0.0480	0.0458	0.0467
August	0.0477	0.0458	0.0467
September	0.0477	0.0456	0.0467
October	0.0471	0.0447	0.0460
November	0.0476	0.0454	0.0466
December	0.0473	0.0455	0.0463