2015 ARS to LTL Historical Review

YEARLY HIGH

0.3467 LTL

YEARLY LOW

0.2337 LTL

YEARLY AVERAGE

0.3283 LTL

2015 ARS to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ARS to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.3467. Conversely, the yearly low was recorded on December 17, dropping to 0.2337.

This high-to-low spread represents a total annual volatility of 0.1130 LTL. From a start-to-finish perspective, comparing the January average rate of 0.3421 to the December average rate of 0.2800, the exchange rate registered a net change of -18.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3467 was down 10.52% compared to the 2014 peak of 0.3874, 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 1,733 LTL

2014 Average 1,607 LTL

Yearly Trough Low 1,168 LTL

Transaction Impact: A difference of 565.04 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3493

0.2738

JanuMarcMayJulySeptNove

ARS to LTL 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 0.3364, compared to 0.3203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.3364

H2 Avg (Jul–Dec) 0.3203

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0917 LTL (High: 0.3254 / Low: 0.2337). On the other end, February was the most stable month, with a tight range of 0.0041 LTL (High: 0.3457 / Low: 0.3416).

December Spread (Volatile) ±0.0917

February Spread (Stable) ±0.0041

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 November and December, when the average rate fell by 0.0461 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.3421) against the same month in 2014 (average: 0.3649), the exchange rate shifted by -0.0228 (-6.24%).

2015 Avg (January) 0.3421

2014 Avg (January) 0.3649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3467	0.3361	0.3421
February	0.3457	0.3416	0.3430
March	0.3432	0.3327	0.3350
April	0.3357	0.3289	0.3313
May	0.3388	0.3259	0.3311
June	0.3443	0.3257	0.3358
July	0.3415	0.3360	0.3383
August	0.3374	0.3243	0.3318
September	0.3267	0.3222	0.3241
October	0.3255	0.3180	0.3213
November	0.3309	0.3242	0.3261
December	0.3254	0.2337	0.2800