2016 COP to ARS Historical Review

YEARLY HIGH

0.0054 ARS

YEARLY LOW

0.0040 ARS

YEARLY AVERAGE

0.0048 ARS

2016 COP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0054. Conversely, the yearly low was recorded on January 20, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0014 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0053, the exchange rate registered a net change of 27.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0054 was up 30.85% compared to the 2015 peak of 0.0041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,878 ARS

2015 Average 16,957 ARS

Yearly Trough Low 19,999 ARS

Transaction Impact: A difference of 6,878.12 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0054

0.0040

JanuMarcMayJulySeptNove

COP 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 0.0046, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0046

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0006 ARS (High: 0.0051 / Low: 0.0045). On the other end, November was the most stable month, with a tight range of 0.0002 ARS (High: 0.0051 / Low: 0.0049).

June Spread (Volatile) ±0.0006

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0053) against the same month in 2015 (average: 0.0035), the exchange rate shifted by +0.0018 (+50.65%).

2016 Avg (December) 0.0053

2015 Avg (December) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0043	0.0040	0.0041
February	0.0048	0.0042	0.0044
March	0.0049	0.0046	0.0048
April	0.0050	0.0047	0.0048
May	0.0050	0.0045	0.0047
June	0.0051	0.0045	0.0047
July	0.0051	0.0049	0.0050
August	0.0052	0.0048	0.0050
September	0.0053	0.0050	0.0052
October	0.0053	0.0051	0.0052
November	0.0051	0.0049	0.0049
December	0.0054	0.0051	0.0053