2020 GMD to ARS Historical Review

YEARLY HIGH

1.6252 ARS

YEARLY LOW

1.1652 ARS

YEARLY AVERAGE

1.3698 ARS

2020 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.6252. Conversely, the yearly low was recorded on January 5, dropping to 1.1652.

This high-to-low spread represents a total annual volatility of 0.4599 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1708 to the December average rate of 1.5952, the exchange rate registered a net change of 36.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6252 was up 35.22% compared to the 2019 peak of 1.2019, 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 8,126 ARS

2019 Average 4,801 ARS

Yearly Trough Low 5,826 ARS

Transaction Impact: A difference of 2,299.69 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6377

1.1284

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 1.2597, compared to 1.4798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2201 points.

H1 Avg (Jan–Jun) 1.2597

H2 Avg (Jul–Dec) 1.4798

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0551 ARS (High: 1.5697 / Low: 1.5146). On the other end, January was the most stable month, with a tight range of 0.0142 ARS (High: 1.1794 / Low: 1.1652).

November Spread (Volatile) ±0.0551

January Spread (Stable) ±0.0142

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 2020: 1.5952) against the same month in 2019 (average: 1.1650), the exchange rate shifted by +0.4302 (+36.93%).

2020 Avg (December) 1.5952

2019 Avg (December) 1.1650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1794	1.1652	1.1708
February	1.2173	1.1794	1.2007
March	1.2641	1.2146	1.2393
April	1.3083	1.2639	1.2852
May	1.3297	1.2901	1.3151
June	1.3643	1.3316	1.3471
July	1.3972	1.3665	1.3785
August	1.4308	1.3970	1.4131
September	1.4719	1.4333	1.4516
October	1.5136	1.4718	1.4979
November	1.5697	1.5146	1.5427
December	1.6252	1.5733	1.5952