2021 ARS to GNF Historical Review

YEARLY HIGH

120.8692 GNF

YEARLY LOW

90.8073 GNF

YEARLY AVERAGE

103.9367 GNF

2021 ARS to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 120.8692. Conversely, the yearly low was recorded on December 31, dropping to 90.8073.

This high-to-low spread represents a total annual volatility of 30.0619 GNF. From a start-to-finish perspective, comparing the January average rate of 118.8196 to the December average rate of 92.4326, the exchange rate registered a net change of -22.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 120.8692 was down 24.54% compared to the 2020 peak of 160.1770, 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 604,346 GNF

2020 Average 687,528 GNF

Yearly Trough Low 454,036 GNF

Transaction Impact: A difference of 150,309.51 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

121.4583

89.7939

JanuMarcMayJulySeptNove

ARS to GNF 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 109.9614, compared to 97.9121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.0493 points.

H1 Avg (Jan–Jun) 109.9614

H2 Avg (Jul–Dec) 97.9121

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 5.1799 GNF (High: 120.8692 / Low: 115.6893). On the other end, August was the most stable month, with a tight range of 0.9746 GNF (High: 101.0454 / Low: 100.0708).

January Spread (Volatile) ±5.1799

August Spread (Stable) ±0.9746

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.1253 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -4.1253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 118.8196) against the same month in 2020 (average: 158.2828), the exchange rate shifted by -39.4632 (-24.93%).

2021 Avg (January) 118.8196

2020 Avg (January) 158.2828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	120.8692	115.6893	118.8196
February	117.3057	112.9176	114.6943
March	112.3709	109.1047	110.6209
April	109.4350	105.8912	107.5985
May	105.9309	103.5933	104.9098
June	103.6885	102.6286	103.1253
July	102.5907	100.9317	101.9630
August	101.0454	100.0708	100.6510
September	100.1939	98.8765	99.5471
October	98.9925	96.6061	97.9081
November	96.4508	93.2910	94.9709
December	93.9723	90.8073	92.4326