2020 ARS to HTG Historical Review

YEARLY HIGH

1.6533 HTG

YEARLY LOW

0.7953 HTG

YEARLY AVERAGE

1.3592 HTG

2020 ARS to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.6533. Conversely, the yearly low was recorded on November 9, dropping to 0.7953.

This high-to-low spread represents a total annual volatility of 0.8580 HTG. From a start-to-finish perspective, comparing the January average rate of 1.6393 to the December average rate of 0.8469, the exchange rate registered a net change of -48.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6533 was down 26.90% compared to the 2019 peak of 2.2617, 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 8,267 HTG

2019 Average 9,552 HTG

Yearly Trough Low 3,976 HTG

Transaction Impact: A difference of 4,290.12 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.7228

0.7202

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 1.5548, compared to 1.1636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3911 points.

H1 Avg (Jan–Jun) 1.5548

H2 Avg (Jul–Dec) 1.1636

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.2296 HTG (High: 1.6520 / Low: 1.4224). On the other end, July was the most stable month, with a tight range of 0.0212 HTG (High: 1.5526 / Low: 1.5313).

February Spread (Volatile) ±0.2296

July Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6197 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.6393) against the same month in 2019 (average: 2.0903), the exchange rate shifted by -0.4510 (-21.58%).

2020 Avg (January) 1.6393

2019 Avg (January) 2.0903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6533	1.5892	1.6393
February	1.6520	1.4224	1.5954
March	1.5214	1.4253	1.4933
April	1.4834	1.4528	1.4709
May	1.6176	1.5558	1.5745
June	1.5807	1.5447	1.5552
July	1.5526	1.5313	1.5450
August	1.5443	1.5125	1.5288
September	1.5197	1.3816	1.4385
October	0.8833	0.7982	0.8188
November	0.8185	0.7953	0.8037
December	0.8736	0.8050	0.8469