2016 ARS to HNL Historical Review

YEARLY HIGH

1.7212 HNL

YEARLY LOW

1.4319 HNL

YEARLY AVERAGE

1.5449 HNL

2016 ARS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.7212. Conversely, the yearly low was recorded on February 29, dropping to 1.4319.

This high-to-low spread represents a total annual volatility of 0.2893 HNL. From a start-to-finish perspective, comparing the January average rate of 1.6547 to the December average rate of 1.4727, the exchange rate registered a net change of -11.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7212 was down 30.52% compared to the 2015 peak of 2.4774, 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 8,606 HNL

2015 Average 11,782 HNL

Yearly Trough Low 7,159 HNL

Transaction Impact: A difference of 1,446.72 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6729

1.4545

JanuMarcMayJulySeptNove

ARS to HNL 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 1.5791, compared to 1.5107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0684 points.

H1 Avg (Jan–Jun) 1.5791

H2 Avg (Jul–Dec) 1.5107

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1661 HNL (High: 1.5980 / Low: 1.4319). On the other end, October was the most stable month, with a tight range of 0.0232 HNL (High: 1.5177 / Low: 1.4945).

February Spread (Volatile) ±0.1661

October Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1270 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.6547) against the same month in 2015 (average: 2.4501), the exchange rate shifted by -0.7954 (-32.46%).

2016 Avg (January) 1.6547

2015 Avg (January) 2.4501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7212	1.6140	1.6547
February	1.5980	1.4319	1.5277
March	1.5648	1.4374	1.5174
April	1.6078	1.5280	1.5684
May	1.6253	1.5802	1.5997
June	1.6507	1.4914	1.6064
July	1.5630	1.5120	1.5293
August	1.5593	1.5211	1.5404
September	1.5321	1.4864	1.5137
October	1.5177	1.4945	1.5057
November	1.5374	1.4718	1.5023
December	1.5111	1.4463	1.4727