2015 CVE to ARS Historical Review

YEARLY HIGH

0.1308 ARS

YEARLY LOW

0.0841 ARS

YEARLY AVERAGE

0.0932 ARS

2015 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1308. Conversely, the yearly low was recorded on March 15, dropping to 0.0841.

This high-to-low spread represents a total annual volatility of 0.0467 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0909 to the December average rate of 0.1121, the exchange rate registered a net change of 23.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1308 was up 28.83% compared to the 2014 peak of 0.1015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 654 ARS

2014 Average 490 ARS

Yearly Trough Low 420 ARS

Transaction Impact: A difference of 233.58 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1147

0.0838

JanuMarcMayJulySeptNove

CVE 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 0.0894, compared to 0.0970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0894

H2 Avg (Jul–Dec) 0.0970

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0376 ARS (High: 0.1308 / Low: 0.0932). On the other end, February was the most stable month, with a tight range of 0.0018 ARS (High: 0.0901 / Low: 0.0883).

December Spread (Volatile) ±0.0376

February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1121) against the same month in 2014 (average: 0.0957), the exchange rate shifted by +0.0164 (+17.12%).

2015 Avg (December) 0.1121

2014 Avg (December) 0.0957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0938	0.0879	0.0909
February	0.0901	0.0883	0.0895
March	0.0889	0.0841	0.0864
April	0.0901	0.0854	0.0870
May	0.0930	0.0888	0.0908
June	0.0937	0.0895	0.0921
July	0.0924	0.0897	0.0912
August	0.0975	0.0909	0.0934
September	0.0971	0.0940	0.0955
October	0.0984	0.0943	0.0964
November	0.0953	0.0922	0.0934
December	0.1308	0.0932	0.1121