2019 BIF to ARS Historical Review

YEARLY HIGH

0.0327 ARS

YEARLY LOW

0.0203 ARS

YEARLY AVERAGE

0.0261 ARS

2019 BIF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0327. Conversely, the yearly low was recorded on January 12, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0124 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0319, the exchange rate registered a net change of 53.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0327 was up 40.74% compared to the 2018 peak of 0.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 163 ARS

2018 Average 79 ARS

Yearly Trough Low 102 ARS

Transaction Impact: A difference of 61.79 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0330

0.0196

JanuMarcMayJulySeptNove

BIF 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 0.0227, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0227

H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0087 ARS (High: 0.0327 / Low: 0.0240). On the other end, December was the most stable month, with a tight range of 0.0003 ARS (High: 0.0320 / Low: 0.0317).

August Spread (Volatile) ±0.0087

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0282) against the same month in 2018 (average: 0.0168), the exchange rate shifted by +0.0114 (+67.92%).

2019 Avg (August) 0.0282

2018 Avg (August) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0203	0.0207
February	0.0220	0.0204	0.0211
March	0.0241	0.0218	0.0227
April	0.0250	0.0227	0.0235
May	0.0247	0.0240	0.0244
June	0.0244	0.0230	0.0237
July	0.0238	0.0225	0.0230
August	0.0327	0.0240	0.0282
September	0.0322	0.0297	0.0305
October	0.0322	0.0312	0.0315
November	0.0320	0.0317	0.0319
December	0.0320	0.0317	0.0319