2016 BND to ARS Historical Review

YEARLY HIGH

11.2740 ARS

YEARLY LOW

9.1344 ARS

YEARLY AVERAGE

10.6937 ARS

2016 BND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 11.2740. Conversely, the yearly low was recorded on January 2, dropping to 9.1344.

This high-to-low spread represents a total annual volatility of 2.1396 ARS. From a start-to-finish perspective, comparing the January average rate of 9.4746 to the December average rate of 11.0300, the exchange rate registered a net change of 16.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.2740 was up 19.99% compared to the 2015 peak of 9.3959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,370 ARS

2015 Average 33,678 ARS

Yearly Trough Low 45,672 ARS

Transaction Impact: A difference of 10,698.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.2695

9.3114

JanuMarcMayJulySeptNove

BND 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 10.3819, compared to 11.0056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6238 points.

H1 Avg (Jan–Jun) 10.3819

H2 Avg (Jul–Dec) 11.0056

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.3584 ARS (High: 11.2260 / Low: 9.8676). On the other end, August was the most stable month, with a tight range of 0.2228 ARS (High: 11.1242 / Low: 10.9014).

February Spread (Volatile) ±1.3584

August Spread (Stable) ±0.2228

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3494 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 11.0300) against the same month in 2015 (average: 8.0554), the exchange rate shifted by +2.9746 (+36.93%).

2016 Avg (December) 11.0300

2015 Avg (December) 8.0554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.7656	9.1344	9.4746
February	11.2260	9.8676	10.5332
March	11.2245	10.5947	10.8678
April	10.9598	10.3291	10.6625
May	10.6414	10.0991	10.3131
June	11.2208	10.0992	10.4400
July	11.1943	10.8300	11.0343
August	11.1242	10.9014	11.0117
September	11.2640	10.9640	11.1063
October	11.2507	10.8707	10.9811
November	11.0442	10.6656	10.8702
December	11.2740	10.7075	11.0300