2019 PEN to ARS Historical Review

YEARLY HIGH

18.0653 ARS

YEARLY LOW

11.0541 ARS

YEARLY AVERAGE

14.4152 ARS

2019 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 18.0653. Conversely, the yearly low was recorded on January 12, dropping to 11.0541.

This high-to-low spread represents a total annual volatility of 7.0113 ARS. From a start-to-finish perspective, comparing the January average rate of 11.1770 to the December average rate of 17.8421, the exchange rate registered a net change of 59.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.0653 was up 44.38% compared to the 2018 peak of 12.5120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,327 ARS

2018 Average 42,612 ARS

Yearly Trough Low 55,270 ARS

Transaction Impact: A difference of 35,056.42 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.5086

10.5105

JanuMarcMayJulySeptNove

PEN 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 12.4745, compared to 16.3560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8815 points.

H1 Avg (Jan–Jun) 12.4745

H2 Avg (Jul–Dec) 16.3560

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 4.4873 ARS (High: 17.7483 / Low: 13.2610). On the other end, November was the most stable month, with a tight range of 0.2919 ARS (High: 17.8845 / Low: 17.5926).

August Spread (Volatile) ±4.4873

November Spread (Stable) ±0.2919

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 May and June, when the average rate fell by 0.3315 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 17.8421) against the same month in 2018 (average: 11.2357), the exchange rate shifted by +6.6063 (+58.80%).

2019 Avg (December) 17.8421

2018 Avg (December) 11.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.3567	11.0541	11.1770
February	11.9590	11.1545	11.5432
March	13.2297	12.0220	12.4889
April	13.8012	12.5941	13.0404
May	13.6591	13.2358	13.4643
June	13.4560	12.8506	13.1329
July	13.3325	12.6290	12.8854
August	17.7483	13.2610	15.4221
September	17.5296	16.4236	16.8633
October	17.9489	16.9436	17.4105
November	17.8845	17.5926	17.7123
December	18.0653	17.5893	17.8421