2015 ETB to ARS Historical Review

YEARLY HIGH

0.6289 ARS

YEARLY LOW

0.4199 ARS

YEARLY AVERAGE

0.4472 ARS

2015 ETB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.6289. Conversely, the yearly low was recorded on January 2, dropping to 0.4199.

This high-to-low spread represents a total annual volatility of 0.2089 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4246 to the December average rate of 0.5368, the exchange rate registered a net change of 26.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6289 was up 47.27% compared to the 2014 peak of 0.4270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,144 ARS

2014 Average 2,061 ARS

Yearly Trough Low 2,100 ARS

Transaction Impact: A difference of 1,044.74 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5480

0.4133

JanuMarcMayJulySeptNove

ETB 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 0.4316, compared to 0.4629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.4316

H2 Avg (Jul–Dec) 0.4629

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.1697 ARS (High: 0.6289 / Low: 0.4592). On the other end, February was the most stable month, with a tight range of 0.0039 ARS (High: 0.4287 / Low: 0.4248).

December Spread (Volatile) ±0.1697

February Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.5368) against the same month in 2014 (average: 0.4235), the exchange rate shifted by +0.1133 (+26.74%).

2015 Avg (December) 0.5368

2014 Avg (December) 0.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4270	0.4199	0.4246
February	0.4287	0.4248	0.4272
March	0.4334	0.4285	0.4306
April	0.4353	0.4282	0.4329
May	0.4377	0.4338	0.4357
June	0.4420	0.4372	0.4385
July	0.4428	0.4384	0.4408
August	0.4461	0.4411	0.4441
September	0.4508	0.4461	0.4483
October	0.4549	0.4484	0.4516
November	0.4592	0.4491	0.4561
December	0.6289	0.4592	0.5368