2011 XDR to ARS Historical Review

YEARLY HIGH

6.7494 ARS

YEARLY LOW

6.0593 ARS

YEARLY AVERAGE

6.5155 ARS

2011 XDR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the XDR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 6.7494. Conversely, the yearly low was recorded on January 11, dropping to 6.0593.

This high-to-low spread represents a total annual volatility of 0.6900 ARS. From a start-to-finish perspective, comparing the January average rate of 6.1562 to the December average rate of 6.6276, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 6.7494 was up 7.41% compared to the 2010 peak of 6.2840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,747 ARS

2010 Average 29,818 ARS

Yearly Trough Low 30,297 ARS

Transaction Impact: A difference of 3,450.21 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6.7360

6.1035

JanuMarcMayJulySeptNove

XDR 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 6.3966, compared to 6.6344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2378 points.

H1 Avg (Jan–Jun) 6.3966

H2 Avg (Jul–Dec) 6.6344

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.2390 ARS (High: 6.7378 / Low: 6.4989). On the other end, November was the most stable month, with a tight range of 0.0848 ARS (High: 6.7120 / Low: 6.6272).

October Spread (Volatile) ±0.2390

November Spread (Stable) ±0.0848

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0600 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 6.6833) against the same month in 2010 (average: 5.9762), the exchange rate shifted by +0.7071 (+11.83%).

2011 Avg (August) 6.6833

2010 Avg (August) 5.9762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2511	6.0593	6.1562
February	6.3365	6.2447	6.2847
March	6.4406	6.3138	6.3741
April	6.6119	6.4090	6.4874
May	6.6636	6.4698	6.5323
June	6.6003	6.4928	6.5449
July	6.6558	6.4639	6.5697
August	6.7494	6.5963	6.6833
September	6.7311	6.5411	6.6233
October	6.7378	6.4989	6.6321
November	6.7120	6.6272	6.6707
December	6.6901	6.5745	6.6276