2019 AFN to ARS Historical Review

YEARLY HIGH

0.7690 ARS

YEARLY LOW

0.4889 ARS

YEARLY AVERAGE

0.6175 ARS

2019 AFN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7690. Conversely, the yearly low was recorded on January 13, dropping to 0.4889.

This high-to-low spread represents a total annual volatility of 0.2801 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4949 to the December average rate of 0.7613, the exchange rate registered a net change of 53.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7690 was up 37.38% compared to the 2018 peak of 0.5598, 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 3,845 ARS

2018 Average 1,926 ARS

Yearly Trough Low 2,445 ARS

Transaction Impact: A difference of 1,400.42 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7885

0.4683

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 0.5374, compared to 0.6975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1600 points.

H1 Avg (Jan–Jun) 0.5374

H2 Avg (Jul–Dec) 0.6975

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2115 ARS (High: 0.7674 / Low: 0.5559). On the other end, November was the most stable month, with a tight range of 0.0070 ARS (High: 0.7644 / Low: 0.7574).

August Spread (Volatile) ±0.2115

November Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0228 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.7613) against the same month in 2018 (average: 0.5001), the exchange rate shifted by +0.2612 (+52.23%).

2019 Avg (December) 0.7613

2018 Avg (December) 0.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5007	0.4889	0.4949
February	0.5310	0.4937	0.5119
March	0.5771	0.5263	0.5475
April	0.5905	0.5348	0.5576
May	0.5789	0.5552	0.5678
June	0.5656	0.5203	0.5450
July	0.5502	0.5159	0.5280
August	0.7674	0.5559	0.6637
September	0.7634	0.7067	0.7230
October	0.7658	0.7356	0.7469
November	0.7644	0.7574	0.7618
December	0.7690	0.7587	0.7613