2019 CVE to ARS Historical Review

YEARLY HIGH

0.6108 ARS

YEARLY LOW

0.3821 ARS

YEARLY AVERAGE

0.4864 ARS

2019 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.6108. Conversely, the yearly low was recorded on January 26, dropping to 0.3821.

This high-to-low spread represents a total annual volatility of 0.2288 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3859 to the December average rate of 0.5996, the exchange rate registered a net change of 55.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6108 was up 40.90% compared to the 2018 peak of 0.4335, 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 3,054 ARS

2018 Average 1,490 ARS

Yearly Trough Low 1,910 ARS

Transaction Impact: A difference of 1,143.78 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6210

0.3646

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 0.4230, compared to 0.5498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1269 points.

H1 Avg (Jan–Jun) 0.4230

H2 Avg (Jul–Dec) 0.5498

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1647 ARS (High: 0.6108 / Low: 0.4461). On the other end, November was the most stable month, with a tight range of 0.0071 ARS (High: 0.6002 / Low: 0.5931).

August Spread (Volatile) ±0.1647

November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0145 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.5248) against the same month in 2018 (average: 0.3119), the exchange rate shifted by +0.2129 (+68.28%).

2019 Avg (August) 0.5248

2018 Avg (August) 0.3119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3912	0.3821	0.3859
February	0.4062	0.3838	0.3937
March	0.4471	0.4076	0.4220
April	0.4615	0.4237	0.4374
May	0.4590	0.4482	0.4534
June	0.4592	0.4356	0.4455
July	0.4420	0.4243	0.4309
August	0.6108	0.4461	0.5248
September	0.5912	0.5523	0.5641
October	0.6013	0.5693	0.5840
November	0.6002	0.5931	0.5957
December	0.6066	0.5905	0.5996