2012 VUV to ARS Historical Review

YEARLY HIGH

0.0541 ARS

YEARLY LOW

0.0460 ARS

YEARLY AVERAGE

0.0498 ARS

2012 VUV to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VUV to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0541. Conversely, the yearly low was recorded on January 1, dropping to 0.0460.

This high-to-low spread represents a total annual volatility of 0.0081 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0469 to the December average rate of 0.0536, the exchange rate registered a net change of 14.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0541 was up 12.62% compared to the 2011 peak of 0.0480, 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 270 ARS

2011 Average 227 ARS

Yearly Trough Low 230 ARS

Transaction Impact: A difference of 40.25 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0543

0.0462

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 0.0481, compared to 0.0515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0481

H2 Avg (Jul–Dec) 0.0515

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0027 ARS (High: 0.0489 / Low: 0.0462). On the other end, April was the most stable month, with a tight range of 0.0010 ARS (High: 0.0492 / Low: 0.0482).

June Spread (Volatile) ±0.0027

April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0536) against the same month in 2011 (average: 0.0463), the exchange rate shifted by +0.0074 (+15.98%).

2012 Avg (December) 0.0536

2011 Avg (December) 0.0463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0480	0.0460	0.0469
February	0.0496	0.0479	0.0488
March	0.0495	0.0482	0.0488
April	0.0492	0.0482	0.0487
May	0.0488	0.0466	0.0478
June	0.0489	0.0462	0.0478
July	0.0503	0.0486	0.0498
August	0.0507	0.0494	0.0503
September	0.0522	0.0503	0.0512
October	0.0522	0.0512	0.0516
November	0.0529	0.0514	0.0522
December	0.0541	0.0528	0.0536