2016 HTG to ARS Historical Review

YEARLY HIGH

0.2565 ARS

YEARLY LOW

0.2191 ARS

YEARLY AVERAGE

0.2343 ARS

2016 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 0.2565. Conversely, the yearly low was recorded on June 14, dropping to 0.2191.

This high-to-low spread represents a total annual volatility of 0.0375 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2338 to the December average rate of 0.2380, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2565 was up 9.50% compared to the 2015 peak of 0.2343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,283 ARS

2015 Average 913 ARS

Yearly Trough Low 1,095 ARS

Transaction Impact: A difference of 187.31 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2470

0.2235

JanuMarcMayJulySeptNove

HTG 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 0.2339, compared to 0.2346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2339

H2 Avg (Jul–Dec) 0.2346

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0233 ARS (High: 0.2424 / Low: 0.2191). On the other end, October was the most stable month, with a tight range of 0.0026 ARS (High: 0.2352 / Low: 0.2326).

June Spread (Volatile) ±0.0233

October Spread (Stable) ±0.0026

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 March and April, when the average rate fell by 0.0094 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.2450) against the same month in 2015 (average: 0.1863), the exchange rate shifted by +0.0588 (+31.57%).

2016 Avg (February) 0.2450

2015 Avg (February) 0.1863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2429	0.2275	0.2338
February	0.2565	0.2358	0.2450
March	0.2561	0.2330	0.2410
April	0.2379	0.2260	0.2316
May	0.2299	0.2226	0.2266
June	0.2424	0.2191	0.2255
July	0.2390	0.2308	0.2354
August	0.2358	0.2292	0.2315
September	0.2351	0.2303	0.2325
October	0.2352	0.2326	0.2338
November	0.2406	0.2308	0.2364
December	0.2444	0.2311	0.2380