2019 GMD to ARS Historical Review

YEARLY HIGH

1.2019 ARS

YEARLY LOW

0.7455 ARS

YEARLY AVERAGE

0.9591 ARS

2019 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1.2019. Conversely, the yearly low was recorded on January 12, dropping to 0.7455.

This high-to-low spread represents a total annual volatility of 0.4564 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7548 to the December average rate of 1.1650, the exchange rate registered a net change of 54.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2019 was up 43.44% compared to the 2018 peak of 0.8379, 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 6,009 ARS

2018 Average 2,910 ARS

Yearly Trough Low 3,727 ARS

Transaction Impact: A difference of 2,282.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2066

0.7137

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 0.8357, compared to 1.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2468 points.

H1 Avg (Jan–Jun) 0.8357

H2 Avg (Jul–Dec) 1.0825

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3156 ARS (High: 1.2019 / Low: 0.8863). On the other end, December was the most stable month, with a tight range of 0.0079 ARS (High: 1.1687 / Low: 1.1608).

August Spread (Volatile) ±0.3156

December Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0307 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.0386) against the same month in 2018 (average: 0.6208), the exchange rate shifted by +0.4179 (+67.31%).

2019 Avg (August) 1.0386

2018 Avg (August) 0.6208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7647	0.7455	0.7548
February	0.8002	0.7505	0.7739
March	0.8831	0.8035	0.8319
April	0.9234	0.8390	0.8689
May	0.9124	0.8932	0.9034
June	0.9115	0.8530	0.8814
July	0.8779	0.8352	0.8507
August	1.2019	0.8863	1.0386
September	1.1785	1.0962	1.1235
October	1.1749	1.1370	1.1520
November	1.1756	1.1580	1.1655
December	1.1687	1.1608	1.1650