2021 ARS to ALL Historical Review

YEARLY HIGH

1.2017 ALL

YEARLY LOW

1.0357 ALL

YEARLY AVERAGE

1.0916 ALL

2021 ARS to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2017. Conversely, the yearly low was recorded on December 28, dropping to 1.0357.

This high-to-low spread represents a total annual volatility of 0.1661 ALL. From a start-to-finish perspective, comparing the January average rate of 1.1817 to the December average rate of 1.0496, the exchange rate registered a net change of -11.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2017 was down 36.52% compared to the 2020 peak of 1.8932, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,009 ALL

2020 Average 7,794 ALL

Yearly Trough Low 5,178 ALL

Transaction Impact: A difference of 830.36 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1949

1.0364

JanuMarcMayJulySeptNove

ARS to ALL 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 1.1225, compared to 1.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0617 points.

H1 Avg (Jan–Jun) 1.1225

H2 Avg (Jul–Dec) 1.0607

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0589 ALL (High: 1.1459 / Low: 1.0870). On the other end, October was the most stable month, with a tight range of 0.0144 ALL (High: 1.0646 / Low: 1.0502).

April Spread (Volatile) ±0.0589

October Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0343 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.1817) against the same month in 2020 (average: 1.8344), the exchange rate shifted by -0.6527 (-35.58%).

2021 Avg (January) 1.1817

2020 Avg (January) 1.8344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2017	1.1666	1.1817
February	1.1742	1.1261	1.1530
March	1.1497	1.1306	1.1386
April	1.1459	1.0870	1.1123
May	1.0987	1.0665	1.0780
June	1.0817	1.0618	1.0713
July	1.0819	1.0593	1.0754
August	1.0732	1.0538	1.0634
September	1.0639	1.0465	1.0514
October	1.0646	1.0502	1.0578
November	1.0760	1.0584	1.0667
December	1.0614	1.0357	1.0496