2016 AFN to ARS Historical Review

YEARLY HIGH

0.2413 ARS

YEARLY LOW

0.1894 ARS

YEARLY AVERAGE

0.2179 ARS

2016 AFN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2413. Conversely, the yearly low was recorded on January 2, dropping to 0.1894.

This high-to-low spread represents a total annual volatility of 0.0518 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1977 to the December average rate of 0.2384, the exchange rate registered a net change of 20.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2413 was up 22.83% compared to the 2015 peak of 0.1964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,206 ARS

2015 Average 756 ARS

Yearly Trough Low 947 ARS

Transaction Impact: A difference of 259.22 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2425

0.1937

JanuMarcMayJulySeptNove

AFN 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 0.2085, compared to 0.2273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.2085

H2 Avg (Jul–Dec) 0.2273

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0250 ARS (High: 0.2299 / Low: 0.2049). On the other end, October was the most stable month, with a tight range of 0.0045 ARS (High: 0.2338 / Low: 0.2293).

February Spread (Volatile) ±0.0250

October Spread (Stable) ±0.0045

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 March and April, when the average rate fell by 0.0074 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2384) against the same month in 2015 (average: 0.1677), the exchange rate shifted by +0.0707 (+42.19%).

2016 Avg (December) 0.2384

2015 Avg (December) 0.1677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2031	0.1894	0.1977
February	0.2299	0.2049	0.2148
March	0.2295	0.2112	0.2177
April	0.2154	0.2053	0.2103
May	0.2087	0.2020	0.2058
June	0.2210	0.1977	0.2047
July	0.2198	0.2126	0.2169
August	0.2261	0.2161	0.2205
September	0.2337	0.2208	0.2264
October	0.2338	0.2293	0.2305
November	0.2367	0.2272	0.2312
December	0.2413	0.2321	0.2384