2015 KPW to ARS Historical Review

YEARLY HIGH

0.0148 ARS

YEARLY LOW

0.0095 ARS

YEARLY AVERAGE

0.0103 ARS

2015 KPW to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the KPW to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0148. Conversely, the yearly low was recorded on January 2, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0053 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0126, the exchange rate registered a net change of 31.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0148 was up 55.62% compared to the 2014 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 ARS

2014 Average 45 ARS

Yearly Trough Low 47 ARS

Transaction Impact: A difference of 26.63 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0129

0.0092

JanuMarcMayJulySeptNove

KPW 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 0.0098, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0040 ARS (High: 0.0148 / Low: 0.0108). On the other end, March was the most stable month, with a tight range of 0.0001 ARS (High: 0.0098 / Low: 0.0097).

December Spread (Volatile) ±0.0040

March 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 2015: 0.0126) against the same month in 2014 (average: 0.0095), the exchange rate shifted by +0.0031 (+32.66%).

2015 Avg (December) 0.0126

2014 Avg (December) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0096	0.0095	0.0096
February	0.0097	0.0096	0.0096
March	0.0098	0.0097	0.0098
April	0.0099	0.0097	0.0098
May	0.0100	0.0099	0.0099
June	0.0102	0.0100	0.0101
July	0.0102	0.0101	0.0102
August	0.0103	0.0102	0.0103
September	0.0105	0.0103	0.0104
October	0.0106	0.0104	0.0105
November	0.0108	0.0105	0.0107
December	0.0148	0.0108	0.0126