2020 BIF to ARS Historical Review

YEARLY HIGH

0.0433 ARS

YEARLY LOW

0.0316 ARS

YEARLY AVERAGE

0.0368 ARS

2020 BIF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0433. Conversely, the yearly low was recorded on January 10, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0117 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0425, the exchange rate registered a net change of 33.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0433 was up 32.58% compared to the 2019 peak of 0.0327, 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 217 ARS

2019 Average 131 ARS

Yearly Trough Low 158 ARS

Transaction Impact: A difference of 58.47 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0436

0.0307

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 0.0340, compared to 0.0396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0340

H2 Avg (Jul–Dec) 0.0396

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 ARS (High: 0.0343 / Low: 0.0327). On the other end, January was the most stable month, with a tight range of 0.0003 ARS (High: 0.0319 / Low: 0.0316).

March Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0003

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: 0.0425) against the same month in 2019 (average: 0.0319), the exchange rate shifted by +0.0107 (+33.44%).

2020 Avg (December) 0.0425

2019 Avg (December) 0.0319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0319	0.0316	0.0318
February	0.0329	0.0319	0.0325
March	0.0343	0.0327	0.0334
April	0.0352	0.0340	0.0346
May	0.0360	0.0346	0.0355
June	0.0368	0.0360	0.0364
July	0.0375	0.0367	0.0371
August	0.0384	0.0375	0.0380
September	0.0394	0.0384	0.0389
October	0.0405	0.0395	0.0401
November	0.0419	0.0405	0.0412
December	0.0433	0.0419	0.0425