2016 GNF to ARS Historical Review

YEARLY HIGH

0.0021 ARS

YEARLY LOW

0.0016 ARS

YEARLY AVERAGE

0.0018 ARS

2016 GNF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 0.0021. Conversely, the yearly low was recorded on July 13, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0017, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0021 was up 20.72% compared to the 2015 peak of 0.0017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 ARS

2015 Average 6 ARS

Yearly Trough Low 8 ARS

Transaction Impact: A difference of 2.27 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0020

0.0016

JanuMarcMayJulySeptNove

GNF 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 0.0019, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0019

H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0003 ARS (High: 0.0021 / Low: 0.0018). On the other end, October was the most stable month, with a tight range of 0.0000 ARS (High: 0.0017 / Low: 0.0017).

February Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, 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 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0019) against the same month in 2015 (average: 0.0012), the exchange rate shifted by +0.0007 (+59.61%).

2016 Avg (February) 0.0019

2015 Avg (February) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0017	0.0018
February	0.0021	0.0018	0.0019
March	0.0021	0.0019	0.0020
April	0.0020	0.0018	0.0019
May	0.0019	0.0019	0.0019
June	0.0019	0.0017	0.0018
July	0.0017	0.0016	0.0017
August	0.0017	0.0016	0.0016
September	0.0017	0.0016	0.0017
October	0.0017	0.0017	0.0017
November	0.0017	0.0016	0.0017
December	0.0018	0.0016	0.0017