YEARLY HIGH
138.9550 ARS
YEARLY LOW
114.8364 ARS
YEARLY AVERAGE
130.6983 ARS

2021 FKP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 138.9550. Conversely, the yearly low was recorded on January 4, dropping to 114.8364.

This high-to-low spread represents a total annual volatility of 24.1187 ARS. From a start-to-finish perspective, comparing the January average rate of 117.1949 to the December average rate of 135.5473, the exchange rate registered a net change of 15.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 138.9550 was up 20.89% compared to the 2020 peak of 114.9469, 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 694,775 ARS
2020 Average 453,688 ARS
Yearly Trough Low 574,182 ARS
Transaction Impact: A difference of 120,593.40 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

137.5682
115.3428
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 126.7283, compared to 134.6682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9398 points.

H1 Avg (Jan–Jun) 126.7283
H2 Avg (Jul–Dec) 134.6682

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 7.0677 ARS (High: 126.8577 / Low: 119.7900). On the other end, August was the most stable month, with a tight range of 2.5132 ARS (High: 134.8628 / Low: 132.3495).

February Spread (Volatile) ±7.0677
August Spread (Stable) ±2.5132

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.8490 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 135.5473) against the same month in 2020 (average: 111.0444), the exchange rate shifted by +24.5029 (+22.07%).

2021 Avg (December) 135.5473
2020 Avg (December) 111.0444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.6507 114.8364 117.1949
February 126.8577 119.7900 123.0600
March 127.4637 124.9300 126.1435
April 130.4285 126.3660 128.1952
May 134.5914 129.1629 132.3729
June 134.7419 131.6192 133.4037
July 134.8397 131.3326 132.8857
August 134.8628 132.3495 134.0290
September 135.9509 132.4302 134.9639
October 137.5198 133.6959 135.7161
November 136.7452 133.9028 134.8671
December 138.9550 133.8004 135.5473