2019 ALL to ARS Historical Review

YEARLY HIGH

0.5560 ARS

YEARLY LOW

0.3364 ARS

YEARLY AVERAGE

0.4377 ARS

2019 ALL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ALL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.5560. Conversely, the yearly low was recorded on January 12, dropping to 0.3364.

This high-to-low spread represents a total annual volatility of 0.2196 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3430 to the December average rate of 0.5432, the exchange rate registered a net change of 58.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5560 was up 46.62% compared to the 2018 peak of 0.3792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,780 ARS

2018 Average 1,298 ARS

Yearly Trough Low 1,682 ARS

Transaction Impact: A difference of 1,097.90 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5632

0.3230

JanuMarcMayJulySeptNove

ALL 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 0.3779, compared to 0.4975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1196 points.

H1 Avg (Jan–Jun) 0.3779

H2 Avg (Jul–Dec) 0.4975

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1502 ARS (High: 0.5560 / Low: 0.4057). On the other end, November was the most stable month, with a tight range of 0.0077 ARS (High: 0.5404 / Low: 0.5327).

August Spread (Volatile) ±0.1502

November Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0143 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.4780) against the same month in 2018 (average: 0.2742), the exchange rate shifted by +0.2038 (+74.33%).

2019 Avg (August) 0.4780

2018 Avg (August) 0.2742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3497	0.3364	0.3430
February	0.3616	0.3408	0.3496
March	0.3941	0.3608	0.3733
April	0.4147	0.3773	0.3896
May	0.4119	0.4024	0.4078
June	0.4157	0.3935	0.4042
July	0.4022	0.3835	0.3899
August	0.5560	0.4057	0.4780
September	0.5372	0.5019	0.5125
October	0.5391	0.5140	0.5248
November	0.5404	0.5327	0.5367
December	0.5512	0.5356	0.5432