2019 ARS to HTG Historical Review

YEARLY HIGH

2.2617 HTG

YEARLY LOW

1.5758 HTG

YEARLY AVERAGE

1.9115 HTG

2019 ARS to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 2.2617. Conversely, the yearly low was recorded on August 14, dropping to 1.5758.

This high-to-low spread represents a total annual volatility of 0.6859 HTG. From a start-to-finish perspective, comparing the January average rate of 2.0903 to the December average rate of 1.6104, the exchange rate registered a net change of -22.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2617 was down 35.88% compared to the 2018 peak of 3.5271, 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 11,308 HTG

2018 Average 12,751 HTG

Yearly Trough Low 7,879 HTG

Transaction Impact: A difference of 3,429.26 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2794

1.5496

JanuMarcMayJulySeptNove

ARS to HTG 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 2.0501, compared to 1.7730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2771 points.

H1 Avg (Jan–Jun) 2.0501

H2 Avg (Jul–Dec) 1.7730

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.5625 HTG (High: 2.1383 / Low: 1.5758). On the other end, November was the most stable month, with a tight range of 0.0181 HTG (High: 1.6385 / Low: 1.6204).

August Spread (Volatile) ±0.5625

November Spread (Stable) ±0.0181

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 0.3732 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 2.2185) against the same month in 2018 (average: 2.4054), the exchange rate shifted by -0.1869 (-7.77%).

2019 Avg (July) 2.2185

2018 Avg (July) 2.4054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1210	2.0430	2.0903
February	2.1878	2.0716	2.1249
March	2.0860	1.9090	2.0204
April	2.0516	1.8559	1.9710
May	2.0577	1.9199	1.9688
June	2.2127	2.0349	2.1251
July	2.2617	2.1530	2.2185
August	2.1383	1.5758	1.8453
September	1.7246	1.6023	1.6884
October	1.6695	1.6087	1.6441
November	1.6385	1.6204	1.6310
December	1.6265	1.5876	1.6104