2016 CVE to ARS Historical Review

YEARLY HIGH

0.1561 ARS

YEARLY LOW

0.1275 ARS

YEARLY AVERAGE

0.1481 ARS

2016 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1561. Conversely, the yearly low was recorded on January 2, dropping to 0.1275.

This high-to-low spread represents a total annual volatility of 0.0286 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1336 to the December average rate of 0.1514, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1561 was up 19.35% compared to the 2015 peak of 0.1308, 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 781 ARS

2015 Average 466 ARS

Yearly Trough Low 638 ARS

Transaction Impact: A difference of 142.80 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1554

0.1317

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 0.1450, compared to 0.1512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1450

H2 Avg (Jul–Dec) 0.1512

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0173 ARS (High: 0.1560 / Low: 0.1387). On the other end, November was the most stable month, with a tight range of 0.0034 ARS (High: 0.1518 / Low: 0.1484).

February Spread (Volatile) ±0.0173

November Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.1535) against the same month in 2015 (average: 0.0955), the exchange rate shifted by +0.0580 (+60.77%).

2016 Avg (September) 0.1535

2015 Avg (September) 0.0955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1374	0.1275	0.1336
February	0.1560	0.1387	0.1488
March	0.1552	0.1468	0.1502
April	0.1523	0.1436	0.1480
May	0.1488	0.1409	0.1451
June	0.1525	0.1405	0.1440
July	0.1520	0.1465	0.1496
August	0.1533	0.1484	0.1508
September	0.1561	0.1511	0.1535
October	0.1561	0.1496	0.1520
November	0.1518	0.1484	0.1501
December	0.1558	0.1462	0.1514