2020 PEN to ARS Historical Review

YEARLY HIGH

23.2543 ARS

YEARLY LOW

17.7012 ARS

YEARLY AVERAGE

20.1542 ARS

2020 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 23.2543. Conversely, the yearly low was recorded on March 18, dropping to 17.7012.

This high-to-low spread represents a total annual volatility of 5.5530 ARS. From a start-to-finish perspective, comparing the January average rate of 18.0190 to the December average rate of 22.9305, the exchange rate registered a net change of 27.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.2543 was up 28.72% compared to the 2019 peak of 18.0653, 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 116,271 ARS

2019 Average 72,152 ARS

Yearly Trough Low 88,506 ARS

Transaction Impact: A difference of 27,765.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.4217

17.5279

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 18.8719, compared to 21.4366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5646 points.

H1 Avg (Jan–Jun) 18.8719

H2 Avg (Jul–Dec) 21.4366

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3833 ARS (High: 19.0845 / Low: 17.7012). On the other end, January was the most stable month, with a tight range of 0.3119 ARS (High: 18.1164 / Low: 17.8045).

March Spread (Volatile) ±1.3833

January Spread (Stable) ±0.3119

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 22.9305) against the same month in 2019 (average: 17.8421), the exchange rate shifted by +5.0884 (+28.52%).

2020 Avg (December) 22.9305

2019 Avg (December) 17.8421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1164	17.8045	18.0190
February	18.2392	17.8045	18.0698
March	19.0845	17.7012	18.0966
April	19.8326	18.6974	19.2752
May	19.9534	19.5354	19.7682
June	20.2107	19.8411	20.0028
July	20.6169	19.9719	20.2878
August	20.9925	20.4252	20.5663
September	21.3546	20.9413	21.1350
October	21.7395	21.1388	21.5623
November	22.5622	21.6791	22.1375
December	23.2543	22.5687	22.9305