2015 ARS to MDL Historical Review

YEARLY HIGH

2.1796 MDL

YEARLY LOW

1.4709 MDL

YEARLY AVERAGE

2.0355 MDL

2015 ARS to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ARS to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 2.1796. Conversely, the yearly low was recorded on December 17, dropping to 1.4709.

This high-to-low spread represents a total annual volatility of 0.7087 MDL. From a start-to-finish perspective, comparing the January average rate of 1.9375 to the December average rate of 1.7785, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.1796 was up 9.00% compared to the 2014 peak of 1.9996, 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 10,898 MDL

2014 Average 8,649 MDL

Yearly Trough Low 7,354 MDL

Transaction Impact: A difference of 3,543.62 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1753

1.7424

JanuMarcMayJulySeptNove

ARS to MDL 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 2.0402, compared to 2.0308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 2.0402

H2 Avg (Jul–Dec) 2.0308

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.5815 MDL (High: 2.0524 / Low: 1.4709). On the other end, August was the most stable month, with a tight range of 0.0300 MDL (High: 2.0676 / Low: 2.0376).

December Spread (Volatile) ±0.5815

August Spread (Stable) ±0.0300

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 0.3008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 2.1392) against the same month in 2014 (average: 1.7178), the exchange rate shifted by +0.4214 (+24.53%).

2015 Avg (February) 2.1392

2014 Avg (February) 1.7178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0834	1.8206	1.9375
February	2.1796	2.0824	2.1392
March	2.1245	2.0383	2.0923
April	2.0842	1.9841	2.0315
May	2.0337	1.9712	1.9991
June	2.1064	1.9954	2.0417
July	2.0948	2.0367	2.0716
August	2.0676	2.0376	2.0536
September	2.1488	2.0625	2.1022
October	2.1306	2.0681	2.0998
November	2.1078	2.0604	2.0793
December	2.0524	1.4709	1.7785