2021 HTG to ARS Historical Review

YEARLY HIGH

1.2252 ARS

YEARLY LOW

0.9788 ARS

YEARLY AVERAGE

1.0680 ARS

2021 HTG to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.2252. Conversely, the yearly low was recorded on August 25, dropping to 0.9788.

This high-to-low spread represents a total annual volatility of 0.2464 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1776 to the December average rate of 1.0121, the exchange rate registered a net change of -14.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2252 was down 2.56% compared to the 2020 peak of 1.2574, 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 6,126 ARS

2020 Average 3,966 ARS

Yearly Trough Low 4,894 ARS

Transaction Impact: A difference of 1,232.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2233

0.9774

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 1.1287, compared to 1.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1214 points.

H1 Avg (Jan–Jun) 1.1287

H2 Avg (Jul–Dec) 1.0073

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0700 ARS (High: 1.1612 / Low: 1.0911). On the other end, November was the most stable month, with a tight range of 0.0198 ARS (High: 1.0263 / Low: 1.0065).

April Spread (Volatile) ±0.0700

November Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0619 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.2028) against the same month in 2020 (average: 0.6284), the exchange rate shifted by +0.5744 (+91.39%).

2021 Avg (February) 1.2028

2020 Avg (February) 0.6284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2092	1.1551	1.1776
February	1.2252	1.1767	1.2028
March	1.2005	1.1448	1.1642
April	1.1612	1.0911	1.1280
May	1.0975	1.0304	1.0661
June	1.0604	1.0157	1.0336
July	1.0532	1.0049	1.0186
August	1.0358	0.9788	0.9991
September	1.0246	0.9832	1.0005
October	1.0141	0.9791	0.9979
November	1.0263	1.0065	1.0156
December	1.0255	0.9998	1.0121