2019 AZN to ARS Historical Review

YEARLY HIGH

35.3786 ARS

YEARLY LOW

21.6764 ARS

YEARLY AVERAGE

28.2736 ARS

2019 AZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 35.3786. Conversely, the yearly low was recorded on January 12, dropping to 21.6764.

This high-to-low spread represents a total annual volatility of 13.7022 ARS. From a start-to-finish perspective, comparing the January average rate of 21.9460 to the December average rate of 35.1256, the exchange rate registered a net change of 60.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 35.3786 was up 45.90% compared to the 2018 peak of 24.2490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 176,893 ARS

2018 Average 82,613 ARS

Yearly Trough Low 108,382 ARS

Transaction Impact: A difference of 68,511.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

36.4436

20.6280

JanuMarcMayJulySeptNove

AZN to ARS 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 24.3371, compared to 32.2100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8730 points.

H1 Avg (Jan–Jun) 24.3371

H2 Avg (Jul–Dec) 32.2100

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 9.3611 ARS (High: 35.3786 / Low: 26.0175). On the other end, December was the most stable month, with a tight range of 0.1815 ARS (High: 35.2217 / Low: 35.0402).

August Spread (Volatile) ±9.3611

December Spread (Stable) ±0.1815

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7522 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 30.6020) against the same month in 2018 (average: 17.5393), the exchange rate shifted by +13.0627 (+74.48%).

2019 Avg (August) 30.6020

2018 Avg (August) 17.5393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2064	21.6764	21.9460
February	23.2928	21.8209	22.5211
March	25.7680	23.3909	24.2470
April	26.9175	24.4426	25.3051
May	26.5913	26.0720	26.3372
June	26.3800	24.8858	25.6661
July	25.7645	24.3935	24.9139
August	35.3786	26.0175	30.6020
September	34.9504	32.4793	33.2419
October	35.1966	33.7248	34.3324
November	35.2010	34.9073	35.0444
December	35.2217	35.0402	35.1256