2016 MVR to ARS Historical Review

YEARLY HIGH

1.0528 ARS

YEARLY LOW

0.8441 ARS

YEARLY AVERAGE

0.9668 ARS

2016 MVR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 1.0528. Conversely, the yearly low was recorded on January 2, dropping to 0.8441.

This high-to-low spread represents a total annual volatility of 0.2088 ARS. From a start-to-finish perspective, comparing the January average rate of 0.8860 to the December average rate of 1.0341, the exchange rate registered a net change of 16.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0528 was up 21.56% compared to the 2015 peak of 0.8661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,264 ARS

2015 Average 3,029 ARS

Yearly Trough Low 4,220 ARS

Transaction Impact: A difference of 1,043.95 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0489

0.8712

JanuMarcMayJulySeptNove

MVR 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 0.9371, compared to 0.9966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 0.9371

H2 Avg (Jul–Dec) 0.9966

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1187 ARS (High: 1.0376 / Low: 0.9189). On the other end, October was the most stable month, with a tight range of 0.0148 ARS (High: 1.0050 / Low: 0.9902).

February Spread (Volatile) ±0.1187

October Spread (Stable) ±0.0148

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 0.0331 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0341) against the same month in 2015 (average: 0.7399), the exchange rate shifted by +0.2942 (+39.76%).

2016 Avg (December) 1.0341

2015 Avg (December) 0.7399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9122	0.8441	0.8860
February	1.0376	0.9189	0.9670
March	1.0291	0.9423	0.9767
April	0.9782	0.9214	0.9436
May	0.9337	0.9079	0.9235
June	0.9986	0.8991	0.9258
July	0.9931	0.9599	0.9809
August	0.9895	0.9651	0.9772
September	1.0056	0.9799	0.9891
October	1.0050	0.9902	0.9945
November	1.0349	0.9771	1.0036
December	1.0528	1.0056	1.0341