2020 ARS to DJF Historical Review

YEARLY HIGH

2.9858 DJF

YEARLY LOW

2.1158 DJF

YEARLY AVERAGE

2.5492 DJF

2020 ARS to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.9858. Conversely, the yearly low was recorded on December 30, dropping to 2.1158.

This high-to-low spread represents a total annual volatility of 0.8700 DJF. From a start-to-finish perspective, comparing the January average rate of 2.9709 to the December average rate of 2.1564, the exchange rate registered a net change of -27.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9858 was down 38.10% compared to the 2019 peak of 4.8233, 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 14,929 DJF

2019 Average 19,016 DJF

Yearly Trough Low 10,579 DJF

Transaction Impact: A difference of 4,349.85 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0524

2.0750

JanuMarcMayJulySeptNove

ARS to DJF 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 2.7687, compared to 2.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4390 points.

H1 Avg (Jan–Jun) 2.7687

H2 Avg (Jul–Dec) 2.3297

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1117 DJF (High: 2.8764 / Low: 2.7647). On the other end, January was the most stable month, with a tight range of 0.0324 DJF (High: 2.9858 / Low: 2.9535).

March Spread (Volatile) ±0.1117

January Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1050 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.9709) against the same month in 2019 (average: 4.7390), the exchange rate shifted by -1.7681 (-37.31%).

2020 Avg (January) 2.9709

2019 Avg (January) 4.7390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9858	2.9535	2.9709
February	2.9535	2.8653	2.9059
March	2.8764	2.7647	2.8214
April	2.7624	2.6643	2.7164
May	2.7009	2.6010	2.6361
June	2.5963	2.5292	2.5616
July	2.5265	2.4601	2.4955
August	2.4611	2.4000	2.4312
September	2.4004	2.3379	2.3694
October	2.3352	2.2705	2.2965
November	2.2710	2.1897	2.2295
December	2.1865	2.1158	2.1564