2016 BTN to ARS Historical Review

YEARLY HIGH

0.2376 ARS

YEARLY LOW

0.1957 ARS

YEARLY AVERAGE

0.2197 ARS

2016 BTN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2376. Conversely, the yearly low was recorded on January 2, dropping to 0.1957.

This high-to-low spread represents a total annual volatility of 0.0419 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2016 to the December average rate of 0.2334, the exchange rate registered a net change of 15.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2376 was up 18.78% compared to the 2015 peak of 0.2000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,188 ARS

2015 Average 722 ARS

Yearly Trough Low 978 ARS

Transaction Impact: A difference of 209.60 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2366

0.1984

JanuMarcMayJulySeptNove

BTN 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 0.2131, compared to 0.2262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.2131

H2 Avg (Jul–Dec) 0.2262

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0232 ARS (High: 0.2303 / Low: 0.2071). On the other end, October was the most stable month, with a tight range of 0.0037 ARS (High: 0.2300 / Low: 0.2263).

February Spread (Volatile) ±0.0232

October Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 0.0061 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.2334) against the same month in 2015 (average: 0.1704), the exchange rate shifted by +0.0630 (+36.97%).

2016 Avg (December) 0.2334

2015 Avg (December) 0.1704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2079	0.1957	0.2016
February	0.2303	0.2071	0.2167
March	0.2318	0.2169	0.2227
April	0.2232	0.2106	0.2165
May	0.2151	0.2075	0.2110
June	0.2241	0.2046	0.2102
July	0.2243	0.2174	0.2217
August	0.2243	0.2192	0.2217
September	0.2304	0.2228	0.2261
October	0.2300	0.2263	0.2275
November	0.2311	0.2249	0.2269
December	0.2376	0.2282	0.2334