2019 ARS to SZL Historical Review

YEARLY HIGH

0.3836 SZL

YEARLY LOW

0.2344 SZL

YEARLY AVERAGE

0.3078 SZL

2019 ARS to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.3836. Conversely, the yearly low was recorded on December 31, dropping to 0.2344.

This high-to-low spread represents a total annual volatility of 0.1492 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3716 to the December average rate of 0.2411, the exchange rate registered a net change of -35.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3836 was down 42.95% compared to the 2018 peak of 0.6724, 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 1,918 SZL

2018 Average 2,478 SZL

Yearly Trough Low 1,172 SZL

Transaction Impact: A difference of 746.00 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3847

0.2280

JanuMarcMayJulySeptNove

ARS to SZL 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 0.3439, compared to 0.2718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0721 points.

H1 Avg (Jan–Jun) 0.3439

H2 Avg (Jul–Dec) 0.2718

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0844 SZL (High: 0.3376 / Low: 0.2532). On the other end, November was the most stable month, with a tight range of 0.0105 SZL (High: 0.2544 / Low: 0.2439).

August Spread (Volatile) ±0.0844

November Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0383 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3716) against the same month in 2018 (average: 0.6424), the exchange rate shifted by -0.2708 (-42.15%).

2019 Avg (January) 0.3716

2018 Avg (January) 0.6424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3836	0.3577	0.3716
February	0.3699	0.3541	0.3596
March	0.3611	0.3316	0.3481
April	0.3397	0.3138	0.3284
May	0.3298	0.3167	0.3215
June	0.3412	0.3236	0.3341
July	0.3397	0.3214	0.3312
August	0.3376	0.2532	0.2928
September	0.2708	0.2556	0.2623
October	0.2660	0.2440	0.2551
November	0.2544	0.2439	0.2482
December	0.2474	0.2344	0.2411