2020 FKP to ARS Historical Review

YEARLY HIGH

114.9469 ARS

YEARLY LOW

72.9328 ARS

YEARLY AVERAGE

90.6992 ARS

2020 FKP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 114.9469. Conversely, the yearly low was recorded on March 19, dropping to 72.9328.

This high-to-low spread represents a total annual volatility of 42.0140 ARS. From a start-to-finish perspective, comparing the January average rate of 78.3535 to the December average rate of 111.0444, the exchange rate registered a net change of 41.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 114.9469 was up 42.75% compared to the 2019 peak of 80.5252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 574,734 ARS

2019 Average 307,414 ARS

Yearly Trough Low 364,664 ARS

Transaction Impact: A difference of 210,070.22 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

114.3410

74.7816

JanuMarcMayJulySeptNove

FKP 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 81.2114, compared to 100.1870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.9756 points.

H1 Avg (Jan–Jun) 81.2114

H2 Avg (Jul–Dec) 100.1870

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.6982 ARS (High: 81.6310 / Low: 72.9328). On the other end, January was the most stable month, with a tight range of 1.8200 ARS (High: 79.5819 / Low: 77.7619).

March Spread (Volatile) ±8.6982

January Spread (Stable) ±1.8200

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3772 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.3772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 111.0444) against the same month in 2019 (average: 78.4112), the exchange rate shifted by +32.6332 (+41.62%).

2020 Avg (December) 111.0444

2019 Avg (December) 78.4112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	79.5819	77.7619	78.3535
February	80.3193	78.2136	79.4554
March	81.6310	72.9328	78.0782
April	84.0789	79.2857	81.3578
May	84.4721	81.7618	83.0468
June	88.0237	85.6303	86.9768
July	94.7711	87.9016	90.3845
August	99.0436	94.7071	96.2051
September	99.4941	95.7497	97.3066
October	102.1022	98.1669	100.6179
November	108.4251	101.3148	105.5636
December	114.9469	108.6534	111.0444