2020 LRD to ARS Historical Review

YEARLY HIGH

0.5176 ARS

YEARLY LOW

0.3078 ARS

YEARLY AVERAGE

0.3718 ARS

2020 LRD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.5176. Conversely, the yearly low was recorded on January 28, dropping to 0.3078.

This high-to-low spread represents a total annual volatility of 0.2098 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3130 to the December average rate of 0.5120, the exchange rate registered a net change of 63.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5176 was up 62.17% compared to the 2019 peak of 0.3192, 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 2,588 ARS

2019 Average 1,289 ARS

Yearly Trough Low 1,539 ARS

Transaction Impact: A difference of 1,049.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5320

0.2917

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 0.3274, compared to 0.4162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0888 points.

H1 Avg (Jan–Jun) 0.3274

H2 Avg (Jul–Dec) 0.4162

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0879 ARS (High: 0.5162 / Low: 0.4283). On the other end, February was the most stable month, with a tight range of 0.0052 ARS (High: 0.3143 / Low: 0.3091).

November Spread (Volatile) ±0.0879

February Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5120) against the same month in 2019 (average: 0.3171), the exchange rate shifted by +0.1949 (+61.48%).

2020 Avg (December) 0.5120

2019 Avg (December) 0.3171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3194	0.3078	0.3130
February	0.3143	0.3091	0.3117
March	0.3265	0.3130	0.3191
April	0.3375	0.3254	0.3309
May	0.3446	0.3327	0.3403
June	0.3532	0.3452	0.3491
July	0.3632	0.3540	0.3580
August	0.3719	0.3631	0.3674
September	0.3828	0.3726	0.3774
October	0.4280	0.3829	0.3995
November	0.5162	0.4283	0.4829
December	0.5176	0.5079	0.5120