2019 AOA to ARS Historical Review

YEARLY HIGH

0.1664 ARS

YEARLY LOW

0.1188 ARS

YEARLY AVERAGE

0.1322 ARS

2019 AOA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AOA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1664. Conversely, the yearly low was recorded on February 5, dropping to 0.1188.

This high-to-low spread represents a total annual volatility of 0.0476 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1205 to the December average rate of 0.1257, the exchange rate registered a net change of 4.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1664 was up 17.99% compared to the 2018 peak of 0.1410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 832 ARS

2018 Average 549 ARS

Yearly Trough Low 594 ARS

Transaction Impact: A difference of 237.78 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1574

0.1171

JanuMarcMayJulySeptNove

AOA 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 0.1292, compared to 0.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1292

H2 Avg (Jul–Dec) 0.1351

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0409 ARS (High: 0.1664 / Low: 0.1255). On the other end, January was the most stable month, with a tight range of 0.0033 ARS (High: 0.1223 / Low: 0.1189).

August Spread (Volatile) ±0.0409

January Spread (Stable) ±0.0033

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 September and October, when the average rate fell by 0.0162 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1448) against the same month in 2018 (average: 0.1122), the exchange rate shifted by +0.0326 (+29.08%).

2019 Avg (August) 0.1448

2018 Avg (August) 0.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1223	0.1189	0.1205
February	0.1264	0.1188	0.1223
March	0.1383	0.1265	0.1307
April	0.1431	0.1303	0.1350
May	0.1392	0.1345	0.1371
June	0.1353	0.1245	0.1294
July	0.1258	0.1201	0.1225
August	0.1664	0.1255	0.1448
September	0.1644	0.1512	0.1540
October	0.1530	0.1194	0.1378
November	0.1294	0.1198	0.1261
December	0.1305	0.1214	0.1257