2012 YER to ARS Historical Review

YEARLY HIGH

0.0229 ARS

YEARLY LOW

0.0196 ARS

YEARLY AVERAGE

0.0211 ARS

2012 YER to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the YER to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0229. Conversely, the yearly low was recorded on January 1, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0032 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0227, the exchange rate registered a net change of 14.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0229 was up 13.89% compared to the 2011 peak of 0.0201, 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 114 ARS

2011 Average 96 ARS

Yearly Trough Low 98 ARS

Transaction Impact: A difference of 16.24 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0230

0.0195

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 0.0203, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0203

H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.0007 ARS (High: 0.0204 / Low: 0.0198). On the other end, August was the most stable month, with a tight range of 0.0003 ARS (High: 0.0215 / Low: 0.0213).

February Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.0227) against the same month in 2011 (average: 0.0198), the exchange rate shifted by +0.0028 (+14.32%).

2012 Avg (December) 0.0227

2011 Avg (December) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0201	0.0196	0.0198
February	0.0204	0.0198	0.0200
March	0.0204	0.0200	0.0202
April	0.0206	0.0203	0.0204
May	0.0209	0.0206	0.0207
June	0.0211	0.0206	0.0209
July	0.0213	0.0210	0.0211
August	0.0215	0.0213	0.0214
September	0.0218	0.0216	0.0217
October	0.0222	0.0218	0.0220
November	0.0225	0.0222	0.0223
December	0.0229	0.0225	0.0227