2015 SBD to ARS Historical Review

YEARLY HIGH

1.6504 ARS

YEARLY LOW

1.1071 ARS

YEARLY AVERAGE

1.1770 ARS

2015 SBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.6504. Conversely, the yearly low was recorded on February 9, dropping to 1.1071.

This high-to-low spread represents a total annual volatility of 0.5433 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1299 to the December average rate of 1.3991, the exchange rate registered a net change of 23.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.6504 was up 41.61% compared to the 2014 peak of 1.1655, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,252 ARS

2014 Average 5,547 ARS

Yearly Trough Low 5,536 ARS

Transaction Impact: A difference of 2,716.38 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.4265

1.0978

JanuMarcMayJulySeptNove

SBD 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 1.1399, compared to 1.2142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 1.1399

H2 Avg (Jul–Dec) 1.2142

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.4557 ARS (High: 1.6504 / Low: 1.1946). On the other end, July was the most stable month, with a tight range of 0.0127 ARS (High: 1.1622 / Low: 1.1496).

December Spread (Volatile) ±0.4557

July Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0084 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.3991) against the same month in 2014 (average: 1.1294), the exchange rate shifted by +0.2697 (+23.88%).

2015 Avg (December) 1.3991

2014 Avg (December) 1.1294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1426	1.1162	1.1299
February	1.1439	1.1071	1.1251
March	1.1470	1.1184	1.1318
April	1.1590	1.1233	1.1408
May	1.1698	1.1520	1.1600
June	1.1642	1.1433	1.1516
July	1.1622	1.1496	1.1565
August	1.1666	1.1529	1.1599
September	1.1821	1.1678	1.1757
October	1.2038	1.1730	1.1900
November	1.2206	1.1905	1.2040
December	1.6504	1.1946	1.3991