2016 LBP to ARS Historical Review

YEARLY HIGH

0.0106 ARS

YEARLY LOW

0.0086 ARS

YEARLY AVERAGE

0.0098 ARS

2016 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0106. Conversely, the yearly low was recorded on January 2, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0020 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0105, the exchange rate registered a net change of 16.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0106 was up 20.63% compared to the 2015 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 ARS

2015 Average 31 ARS

Yearly Trough Low 43 ARS

Transaction Impact: A difference of 10.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0107

0.0088

JanuMarcMayJulySeptNove

LBP 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 0.0095, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0095

H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0012 ARS (High: 0.0105 / Low: 0.0093). On the other end, October was the most stable month, with a tight range of 0.0002 ARS (High: 0.0102 / Low: 0.0100).

February Spread (Volatile) ±0.0012

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 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0105) against the same month in 2015 (average: 0.0075), the exchange rate shifted by +0.0030 (+39.66%).

2016 Avg (December) 0.0105

2015 Avg (December) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0092	0.0086	0.0090
February	0.0105	0.0093	0.0098
March	0.0104	0.0096	0.0099
April	0.0098	0.0093	0.0095
May	0.0095	0.0092	0.0094
June	0.0101	0.0091	0.0094
July	0.0100	0.0097	0.0099
August	0.0100	0.0097	0.0098
September	0.0102	0.0099	0.0100
October	0.0102	0.0100	0.0101
November	0.0105	0.0099	0.0102
December	0.0106	0.0102	0.0105