2015 GMD to ARS Historical Review

YEARLY HIGH

0.3366 ARS

YEARLY LOW

0.1976 ARS

YEARLY AVERAGE

0.2255 ARS

2015 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3366. Conversely, the yearly low was recorded on February 4, dropping to 0.1976.

This high-to-low spread represents a total annual volatility of 0.1390 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2002 to the December average rate of 0.2868, the exchange rate registered a net change of 43.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3366 was up 57.14% compared to the 2014 peak of 0.2142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,683 ARS

2014 Average 1,017 ARS

Yearly Trough Low 988 ARS

Transaction Impact: A difference of 694.79 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2954

0.1915

JanuMarcMayJulySeptNove

GMD 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 0.2053, compared to 0.2457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 0.2053

H2 Avg (Jul–Dec) 0.2457

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0927 ARS (High: 0.3366 / Low: 0.2439). On the other end, May was the most stable month, with a tight range of 0.0020 ARS (High: 0.2092 / Low: 0.2071).

December Spread (Volatile) ±0.0927

May Spread (Stable) ±0.0020

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: 0.2868) against the same month in 2014 (average: 0.1982), the exchange rate shifted by +0.0886 (+44.72%).

2015 Avg (December) 0.2868

2014 Avg (December) 0.1982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2035	0.1978	0.2002
February	0.2027	0.1976	0.2013
March	0.2050	0.2024	0.2040
April	0.2075	0.2029	0.2058
May	0.2092	0.2071	0.2081
June	0.2301	0.2091	0.2127
July	0.2324	0.2280	0.2306
August	0.2353	0.2309	0.2326
September	0.2415	0.2292	0.2378
October	0.2456	0.2387	0.2419
November	0.2468	0.2419	0.2444
December	0.3366	0.2439	0.2868