2020 GNF to ARS Historical Review

YEARLY HIGH

0.0084 ARS

YEARLY LOW

0.0062 ARS

YEARLY AVERAGE

0.0073 ARS

2020 GNF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0084. Conversely, the yearly low was recorded on January 1, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0022 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0083, the exchange rate registered a net change of 31.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0084 was up 27.30% compared to the 2019 peak of 0.0066, 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 42 ARS

2019 Average 26 ARS

Yearly Trough Low 31 ARS

Transaction Impact: A difference of 10.81 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0085

0.0061

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 0.0068, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 ARS (High: 0.0068 / Low: 0.0065). On the other end, September was the most stable month, with a tight range of 0.0001 ARS (High: 0.0078 / Low: 0.0077).

March Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0001

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: 0.0083) against the same month in 2019 (average: 0.0063), the exchange rate shifted by +0.0020 (+31.61%).

2020 Avg (December) 0.0083

2019 Avg (December) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0062	0.0063
February	0.0066	0.0063	0.0065
March	0.0068	0.0065	0.0067
April	0.0070	0.0068	0.0069
May	0.0072	0.0070	0.0071
June	0.0073	0.0072	0.0073
July	0.0075	0.0073	0.0074
August	0.0077	0.0075	0.0076
September	0.0078	0.0077	0.0077
October	0.0080	0.0078	0.0079
November	0.0083	0.0080	0.0082
December	0.0084	0.0082	0.0083