2015 LRD to ARS Historical Review

YEARLY HIGH

0.1569 ARS

YEARLY LOW

0.0931 ARS

YEARLY AVERAGE

0.1078 ARS

2015 LRD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1569. Conversely, the yearly low was recorded on January 2, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0638 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.1323, the exchange rate registered a net change of 40.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1569 was up 57.59% compared to the 2014 peak of 0.0996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 785 ARS

2014 Average 460 ARS

Yearly Trough Low 466 ARS

Transaction Impact: A difference of 319.07 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1361

0.0901

JanuMarcMayJulySeptNove

LRD 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 0.1029, compared to 0.1128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.1029

H2 Avg (Jul–Dec) 0.1128

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0466 ARS (High: 0.1569 / Low: 0.1103). On the other end, July was the most stable month, with a tight range of 0.0013 ARS (High: 0.1082 / Low: 0.1070).

December Spread (Volatile) ±0.0466

July Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.1323) against the same month in 2014 (average: 0.0934), the exchange rate shifted by +0.0389 (+41.68%).

2015 Avg (December) 0.1323

2014 Avg (December) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0944	0.0931	0.0940
February	0.1031	0.0943	0.1024
March	0.1045	0.1030	0.1038
April	0.1055	0.1032	0.1047
May	0.1064	0.1051	0.1059
June	0.1083	0.1065	0.1070
July	0.1082	0.1070	0.1074
August	0.1091	0.1046	0.1065
September	0.1095	0.1051	0.1069
October	0.1136	0.1087	0.1114
November	0.1138	0.1099	0.1119
December	0.1569	0.1103	0.1323