2016 KPW to ARS Historical Review

YEARLY HIGH

0.0178 ARS

YEARLY LOW

0.0144 ARS

YEARLY AVERAGE

0.0164 ARS

2016 KPW to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KPW to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0178. Conversely, the yearly low was recorded on January 2, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0034 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0176, the exchange rate registered a net change of 16.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0178 was up 20.35% compared to the 2015 peak of 0.0148, 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 89 ARS

2015 Average 51 ARS

Yearly Trough Low 72 ARS

Transaction Impact: A difference of 17.06 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0179

0.0148

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 0.0159, compared to 0.0169 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) 0.0159

H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0019 ARS (High: 0.0175 / Low: 0.0156). On the other end, October was the most stable month, with a tight range of 0.0002 ARS (High: 0.0170 / Low: 0.0168).

February Spread (Volatile) ±0.0019

October Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0176) against the same month in 2015 (average: 0.0126), the exchange rate shifted by +0.0050 (+39.75%).

2016 Avg (December) 0.0176

2015 Avg (December) 0.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0155	0.0144	0.0151
February	0.0175	0.0156	0.0164
March	0.0175	0.0161	0.0166
April	0.0164	0.0156	0.0160
May	0.0159	0.0155	0.0157
June	0.0169	0.0153	0.0157
July	0.0167	0.0162	0.0166
August	0.0167	0.0163	0.0165
September	0.0171	0.0166	0.0168
October	0.0170	0.0168	0.0169
November	0.0175	0.0167	0.0170
December	0.0178	0.0172	0.0176