2020 BAM to ARS Historical Review

YEARLY HIGH

52.7974 ARS

YEARLY LOW

33.8311 ARS

YEARLY AVERAGE

41.2995 ARS

2020 BAM to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BAM to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 52.7974. Conversely, the yearly low was recorded on January 28, dropping to 33.8311.

This high-to-low spread represents a total annual volatility of 18.9663 ARS. From a start-to-finish perspective, comparing the January average rate of 34.0183 to the December average rate of 51.3834, the exchange rate registered a net change of 51.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 52.7974 was up 53.31% compared to the 2019 peak of 34.4386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 263,987 ARS

2019 Average 137,695 ARS

Yearly Trough Low 169,155 ARS

Transaction Impact: A difference of 94,831.61 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

53.1199

32.2818

JanuMarcMayJulySeptNove

BAM 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 36.3204, compared to 46.2786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9583 points.

H1 Avg (Jan–Jun) 36.3204

H2 Avg (Jul–Dec) 46.2786

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3.4994 ARS (High: 43.8679 / Low: 40.3685). On the other end, January was the most stable month, with a tight range of 0.3959 ARS (High: 34.2269 / Low: 33.8311).

July Spread (Volatile) ±3.4994

January Spread (Stable) ±0.3959

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 51.3834) against the same month in 2019 (average: 33.9696), the exchange rate shifted by +17.4138 (+51.26%).

2020 Avg (December) 51.3834

2019 Avg (December) 33.9696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.2269	33.8311	34.0183
February	34.9183	33.9753	34.1782
March	36.6003	34.7671	35.6864
April	37.1573	35.8363	36.4028
May	38.9230	36.6533	37.6463
June	40.5668	38.9561	39.9901
July	43.8679	40.3685	41.7410
August	45.2062	43.4622	44.2657
September	45.7055	44.8753	45.3152
October	47.3686	45.7791	46.6405
November	49.8266	46.7857	48.3258
December	52.7974	49.8286	51.3834