2012 WST to ARS Historical Review

YEARLY HIGH

2.1543 ARS

YEARLY LOW

1.7801 ARS

YEARLY AVERAGE

1.9680 ARS

2012 WST to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the WST to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.1543. Conversely, the yearly low was recorded on January 16, dropping to 1.7801.

This high-to-low spread represents a total annual volatility of 0.3742 ARS. From a start-to-finish perspective, comparing the January average rate of 1.8140 to the December average rate of 2.1330, the exchange rate registered a net change of 17.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.1543 was up 11.55% compared to the 2011 peak of 1.9313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,771 ARS

2011 Average 8,893 ARS

Yearly Trough Low 8,900 ARS

Transaction Impact: A difference of 1,870.93 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.1649

1.7821

JanuMarcMayJulySeptNove

WST 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 1.8936, compared to 2.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1488 points.

H1 Avg (Jan–Jun) 1.8936

H2 Avg (Jul–Dec) 2.0424

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1469 ARS (High: 1.9889 / Low: 1.8419). On the other end, April was the most stable month, with a tight range of 0.0271 ARS (High: 1.9479 / Low: 1.9209).

May Spread (Volatile) ±0.1469

April Spread (Stable) ±0.0271

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 0.0396 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 2.1330) against the same month in 2011 (average: 1.7881), the exchange rate shifted by +0.3449 (+19.29%).

2012 Avg (December) 2.1330

2011 Avg (December) 1.7881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8909	1.7801	1.8140
February	1.9462	1.8768	1.9074
March	1.9486	1.9026	1.9367
April	1.9479	1.9209	1.9324
May	1.9889	1.8419	1.8928
June	1.9457	1.8534	1.8785
July	2.0015	1.8920	1.9364
August	2.0272	1.9688	1.9923
September	2.0797	1.9785	2.0433
October	2.0839	2.0507	2.0635
November	2.1066	2.0468	2.0859
December	2.1543	2.0875	2.1330