2014 XDR to ARS Historical Review

YEARLY HIGH

12.7766 ARS

YEARLY LOW

10.0386 ARS

YEARLY AVERAGE

12.3197 ARS

2014 XDR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XDR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 12.7766. Conversely, the yearly low was recorded on January 1, dropping to 10.0386.

This high-to-low spread represents a total annual volatility of 2.7380 ARS. From a start-to-finish perspective, comparing the January average rate of 10.7306 to the December average rate of 12.4372, the exchange rate registered a net change of 15.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.7766 was up 27.15% compared to the 2013 peak of 10.0488, 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 63,883 ARS

2013 Average 41,631 ARS

Yearly Trough Low 50,193 ARS

Transaction Impact: A difference of 13,689.83 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.8807

10.5352

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 12.0741, compared to 12.5654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4913 points.

H1 Avg (Jan–Jun) 12.0741

H2 Avg (Jul–Dec) 12.5654

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.2720 ARS (High: 12.3107 / Low: 10.0386). On the other end, July was the most stable month, with a tight range of 0.0677 ARS (High: 12.5961 / Low: 12.5284).

January Spread (Volatile) ±2.2720

July Spread (Stable) ±0.0677

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 October and November, when the average rate fell by 0.1170 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 12.6852) against the same month in 2013 (average: 8.4721), the exchange rate shifted by +4.2132 (+49.73%).

2014 Avg (August) 12.6852

2013 Avg (August) 8.4721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3107	10.0386	10.7306
February	12.2925	11.9985	12.1029
March	12.3643	12.1745	12.2644
April	12.4331	12.3262	12.3897
May	12.4635	12.3873	12.4308
June	12.5834	12.4422	12.5262
July	12.5961	12.5284	12.5688
August	12.7766	12.6012	12.6852
September	12.7593	12.5285	12.6160
October	12.6713	12.5056	12.6011
November	12.5788	12.4376	12.4840
December	12.5616	12.2733	12.4372