2015 ARS to ETB Historical Review

YEARLY HIGH

2.3814 ETB

YEARLY LOW

1.5902 ETB

YEARLY AVERAGE

2.2471 ETB

2015 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3814. Conversely, the yearly low was recorded on December 17, dropping to 1.5902.

This high-to-low spread represents a total annual volatility of 0.7912 ETB. From a start-to-finish perspective, comparing the January average rate of 2.3554 to the December average rate of 1.9022, the exchange rate registered a net change of -19.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3814 was down 18.76% compared to the 2014 peak of 2.9313, 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 11,907 ETB

2014 Average 12,155 ETB

Yearly Trough Low 7,951 ETB

Transaction Impact: A difference of 3,956.21 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.4008

1.8569

JanuMarcMayJulySeptNove

ARS to ETB 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 2.3174, compared to 2.1768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1406 points.

H1 Avg (Jan–Jun) 2.3174

H2 Avg (Jul–Dec) 2.1768

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.5876 ETB (High: 2.1777 / Low: 1.5902). On the other end, May was the most stable month, with a tight range of 0.0209 ETB (High: 2.3054 / Low: 2.2845).

December Spread (Volatile) ±0.5876

May Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2906 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.2906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.3554) against the same month in 2014 (average: 2.7585), the exchange rate shifted by -0.4030 (-14.61%).

2015 Avg (January) 2.3554

2014 Avg (January) 2.7585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3814	2.3417	2.3554
February	2.3542	2.3325	2.3406
March	2.3336	2.3075	2.3226
April	2.3353	2.2972	2.3099
May	2.3054	2.2845	2.2951
June	2.2874	2.2626	2.2807
July	2.2808	2.2583	2.2688
August	2.2671	2.2415	2.2519
September	2.2419	2.2184	2.2309
October	2.2300	2.1981	2.2143
November	2.2268	2.1775	2.1928
December	2.1777	1.5902	1.9022