2021 GMD to ARS Historical Review

YEARLY HIGH

1.9548 ARS

YEARLY LOW

1.6291 ARS

YEARLY AVERAGE

1.8446 ARS

2021 GMD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.9548. Conversely, the yearly low was recorded on January 3, dropping to 1.6291.

This high-to-low spread represents a total annual volatility of 0.3257 ARS. From a start-to-finish perspective, comparing the January average rate of 1.6627 to the December average rate of 1.9389, the exchange rate registered a net change of 16.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9548 was up 20.28% compared to the 2020 peak of 1.6252, 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 9,774 ARS

2020 Average 6,851 ARS

Yearly Trough Low 8,145 ARS

Transaction Impact: A difference of 1,628.71 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9665

1.6351

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 1.7786, compared to 1.9105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1319 points.

H1 Avg (Jan–Jun) 1.7786

H2 Avg (Jul–Dec) 1.9105

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0661 ARS (High: 1.6952 / Low: 1.6291). On the other end, November was the most stable month, with a tight range of 0.0113 ARS (High: 1.9266 / Low: 1.9152).

January Spread (Volatile) ±0.0661

November Spread (Stable) ±0.0113

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 2021: 1.9389) against the same month in 2020 (average: 1.5952), the exchange rate shifted by +0.3437 (+21.54%).

2021 Avg (December) 1.9389

2020 Avg (December) 1.5952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6952	1.6291	1.6627
February	1.7532	1.7005	1.7248
March	1.7949	1.7508	1.7745
April	1.8276	1.7826	1.8115
May	1.8485	1.8170	1.8365
June	1.8718	1.8503	1.8615
July	1.8907	1.8677	1.8806
August	1.9099	1.8910	1.8996
September	1.9174	1.8861	1.9098
October	1.9204	1.9063	1.9133
November	1.9266	1.9152	1.9209
December	1.9548	1.9271	1.9389