2019 LBP to ARS Historical Review

YEARLY HIGH

0.0399 ARS

YEARLY LOW

0.0245 ARS

YEARLY AVERAGE

0.0319 ARS

2019 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0399. Conversely, the yearly low was recorded on January 14, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0154 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0395, the exchange rate registered a net change of 59.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0399 was up 46.10% compared to the 2018 peak of 0.0273, 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 199 ARS

2018 Average 93 ARS

Yearly Trough Low 122 ARS

Transaction Impact: A difference of 76.94 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0410

0.0233

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 0.0274, compared to 0.0363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.0274

H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0105 ARS (High: 0.0399 / Low: 0.0294). On the other end, December was the most stable month, with a tight range of 0.0004 ARS (High: 0.0397 / Low: 0.0393).

August Spread (Volatile) ±0.0105

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0345) against the same month in 2018 (average: 0.0197), the exchange rate shifted by +0.0148 (+74.87%).

2019 Avg (August) 0.0345

2018 Avg (August) 0.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0251	0.0245	0.0248
February	0.0263	0.0246	0.0254
March	0.0290	0.0264	0.0274
April	0.0304	0.0276	0.0285
May	0.0300	0.0291	0.0297
June	0.0297	0.0281	0.0289
July	0.0291	0.0275	0.0281
August	0.0399	0.0294	0.0345
September	0.0394	0.0366	0.0375
October	0.0396	0.0381	0.0387
November	0.0397	0.0393	0.0395
December	0.0397	0.0393	0.0395