2019 ARS to ETB Historical Review

YEARLY HIGH

0.7724 ETB

YEARLY LOW

0.4851 ETB

YEARLY AVERAGE

0.6227 ETB

2019 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.7724. Conversely, the yearly low was recorded on August 14, dropping to 0.4851.

This high-to-low spread represents a total annual volatility of 0.2873 ETB. From a start-to-finish perspective, comparing the January average rate of 0.7591 to the December average rate of 0.5265, the exchange rate registered a net change of -30.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7724 was down 48.17% compared to the 2018 peak of 1.4902, 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 3,862 ETB

2018 Average 5,274 ETB

Yearly Trough Low 2,426 ETB

Transaction Impact: A difference of 1,436.54 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7848

0.4757

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 0.6950, compared to 0.5504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1447 points.

H1 Avg (Jan–Jun) 0.6950

H2 Avg (Jul–Dec) 0.5504

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1707 ETB (High: 0.6558 / Low: 0.4851). On the other end, November was the most stable month, with a tight range of 0.0165 ETB (High: 0.5112 / Low: 0.4947).

August Spread (Volatile) ±0.1707

November Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.1169 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.7591) against the same month in 2018 (average: 1.4451), the exchange rate shifted by -0.6860 (-47.47%).

2019 Avg (January) 0.7591

2018 Avg (January) 1.4451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7724	0.7462	0.7591
February	0.7674	0.7188	0.7429
March	0.7182	0.6531	0.6920
April	0.6937	0.6311	0.6689
May	0.6525	0.6359	0.6443
June	0.6862	0.6431	0.6630
July	0.6996	0.6601	0.6831
August	0.6558	0.4851	0.5662
September	0.5326	0.4938	0.5193
October	0.5120	0.4951	0.5057
November	0.5112	0.4947	0.5014
December	0.5341	0.5078	0.5265