2011 YER to ARS Historical Review

YEARLY HIGH

0.0201 ARS

YEARLY LOW

0.0185 ARS

YEARLY AVERAGE

0.0192 ARS

2011 YER to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the YER to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0201. Conversely, the yearly low was recorded on January 5, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0016 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0198, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0201 was up 5.54% compared to the 2010 peak of 0.0190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 ARS

2010 Average 91 ARS

Yearly Trough Low 93 ARS

Transaction Impact: A difference of 7.84 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0200

0.0185

JanuMarcMayJulySeptNove

YER 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 0.0189, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0189

H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0005 ARS (High: 0.0201 / Low: 0.0195). On the other end, March was the most stable month, with a tight range of 0.0002 ARS (High: 0.0189 / Low: 0.0187).

December Spread (Volatile) ±0.0005

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0198) against the same month in 2010 (average: 0.0186), the exchange rate shifted by +0.0012 (+6.68%).

2011 Avg (December) 0.0198

2010 Avg (December) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0187	0.0185	0.0186
February	0.0189	0.0186	0.0188
March	0.0189	0.0187	0.0188
April	0.0191	0.0188	0.0190
May	0.0192	0.0190	0.0191
June	0.0192	0.0190	0.0191
July	0.0194	0.0190	0.0192
August	0.0196	0.0193	0.0195
September	0.0196	0.0194	0.0195
October	0.0198	0.0196	0.0197
November	0.0200	0.0197	0.0199
December	0.0201	0.0195	0.0198