2019 ARS to GMD Historical Review

YEARLY HIGH

1.3415 GMD

YEARLY LOW

0.8320 GMD

YEARLY AVERAGE

1.0699 GMD

2019 ARS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.3415. Conversely, the yearly low was recorded on August 14, dropping to 0.8320.

This high-to-low spread represents a total annual volatility of 0.5094 GMD. From a start-to-finish perspective, comparing the January average rate of 1.3249 to the December average rate of 0.8584, the exchange rate registered a net change of -35.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3415 was down 48.22% compared to the 2018 peak of 2.5906, 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 6,707 GMD

2018 Average 9,148 GMD

Yearly Trough Low 4,160 GMD

Transaction Impact: A difference of 2,547.10 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3716

0.8113

JanuMarcMayJulySeptNove

ARS to GMD 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 1.2024, compared to 0.9374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2650 points.

H1 Avg (Jan–Jun) 1.2024

H2 Avg (Jul–Dec) 0.9374

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2963 GMD (High: 1.1283 / Low: 0.8320). On the other end, December was the most stable month, with a tight range of 0.0058 GMD (High: 0.8615 / Low: 0.8557).

August Spread (Volatile) ±0.2963

December Spread (Stable) ±0.0058

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 0.2020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.3249) against the same month in 2018 (average: 2.5263), the exchange rate shifted by -1.2014 (-47.55%).

2019 Avg (January) 1.3249

2018 Avg (January) 2.5263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3415	1.3077	1.3249
February	1.3324	1.2497	1.2927
March	1.2445	1.1324	1.2031
April	1.1919	1.0830	1.1517
May	1.1196	1.0960	1.1069
June	1.1723	1.0971	1.1352
July	1.1973	1.1391	1.1758
August	1.1283	0.8320	0.9738
September	0.9123	0.8485	0.8903
October	0.8795	0.8511	0.8681
November	0.8635	0.8506	0.8580
December	0.8615	0.8557	0.8584