2021 BND to ARS Historical Review

YEARLY HIGH

76.0592 ARS

YEARLY LOW

63.4889 ARS

YEARLY AVERAGE

70.7133 ARS

2021 BND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 76.0592. Conversely, the yearly low was recorded on January 3, dropping to 63.4889.

This high-to-low spread represents a total annual volatility of 12.5703 ARS. From a start-to-finish perspective, comparing the January average rate of 64.7431 to the December average rate of 74.7077, the exchange rate registered a net change of 15.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 76.0592 was up 19.52% compared to the 2020 peak of 63.6352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 380,296 ARS

2020 Average 256,270 ARS

Yearly Trough Low 317,444 ARS

Transaction Impact: A difference of 62,851.45 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

75.7041

63.7466

JanuMarcMayJulySeptNove

BND 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 68.4831, compared to 72.9434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4603 points.

H1 Avg (Jan–Jun) 68.4831

H2 Avg (Jul–Dec) 72.9434

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.6068 ARS (High: 70.5308 / Low: 67.9240). On the other end, September was the most stable month, with a tight range of 0.7033 ARS (High: 73.2224 / Low: 72.5190).

April Spread (Volatile) ±2.6068

September Spread (Stable) ±0.7033

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3562 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 74.7077) against the same month in 2020 (average: 61.9707), the exchange rate shifted by +12.7370 (+20.55%).

2021 Avg (December) 74.7077

2020 Avg (December) 61.9707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.7729	63.4889	64.7431
February	68.1805	65.6770	66.8129
March	68.4282	67.0863	67.8295
April	70.5308	67.9240	69.3887
May	71.5381	70.1594	70.7284
June	71.8715	70.8685	71.3963
July	71.4808	70.4145	71.0401
August	72.8108	71.3060	71.7090
September	73.2224	72.5190	72.8991
October	74.0779	72.6310	73.4118
November	74.2764	73.5355	73.8927
December	76.0592	73.8360	74.7077

૨૦૨૫ BND થી ARS ઐતિહાસિક સમીક્ષા