2016 ARS to BBD Historical Review

YEARLY HIGH

0.1544 BBD

YEARLY LOW

0.1248 BBD

YEARLY AVERAGE

0.1358 BBD

2016 ARS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ARS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1544. Conversely, the yearly low was recorded on December 12, dropping to 0.1248.

This high-to-low spread represents a total annual volatility of 0.0296 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1475 to the December average rate of 0.1264, the exchange rate registered a net change of -14.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1544 was down 34.21% compared to the 2015 peak of 0.2347, 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 772 BBD

2015 Average 1,087 BBD

Yearly Trough Low 624 BBD

Transaction Impact: A difference of 147.98 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1497

0.1243

JanuMarcMayJulySeptNove

ARS to BBD 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 0.1399, compared to 0.1317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1399

H2 Avg (Jul–Dec) 0.1317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0154 BBD (High: 0.1422 / Low: 0.1267). On the other end, October was the most stable month, with a tight range of 0.0020 BBD (High: 0.1323 / Low: 0.1304).

February Spread (Volatile) ±0.0154

October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0122 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1475) against the same month in 2015 (average: 0.2327), the exchange rate shifted by -0.0851 (-36.58%).

2016 Avg (January) 0.1475

2015 Avg (January) 0.2327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1544	0.1435	0.1475
February	0.1422	0.1267	0.1354
March	0.1384	0.1270	0.1343
April	0.1425	0.1353	0.1390
May	0.1438	0.1401	0.1416
June	0.1455	0.1314	0.1416
July	0.1371	0.1329	0.1343
August	0.1364	0.1329	0.1348
September	0.1340	0.1303	0.1325
October	0.1323	0.1304	0.1317
November	0.1335	0.1268	0.1304
December	0.1295	0.1248	0.1264