2016 SBD to ARS Historical Review

YEARLY HIGH

2.0535 ARS

YEARLY LOW

1.5914 ARS

YEARLY AVERAGE

1.8655 ARS

2016 SBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 2.0535. Conversely, the yearly low was recorded on January 2, dropping to 1.5914.

This high-to-low spread represents a total annual volatility of 0.4621 ARS. From a start-to-finish perspective, comparing the January average rate of 1.6656 to the December average rate of 2.0076, the exchange rate registered a net change of 20.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.0535 was up 24.42% compared to the 2015 peak of 1.6504, 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 10,267 ARS

2015 Average 5,888 ARS

Yearly Trough Low 7,957 ARS

Transaction Impact: A difference of 2,310.59 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0418

1.6314

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 1.7990, compared to 1.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1331 points.

H1 Avg (Jan–Jun) 1.7990

H2 Avg (Jul–Dec) 1.9321

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.2078 ARS (High: 1.9380 / Low: 1.7303). On the other end, August was the most stable month, with a tight range of 0.0413 ARS (High: 1.9195 / Low: 1.8781).

February Spread (Volatile) ±0.2078

August Spread (Stable) ±0.0413

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0548 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.0076) against the same month in 2015 (average: 1.3991), the exchange rate shifted by +0.6085 (+43.49%).

2016 Avg (December) 2.0076

2015 Avg (December) 1.3991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7137	1.5914	1.6656
February	1.9380	1.7303	1.8206
March	1.9478	1.8287	1.8698
April	1.8628	1.7673	1.8151
May	1.8389	1.7839	1.8109
June	1.9519	1.7630	1.8121
July	1.9118	1.8468	1.8877
August	1.9195	1.8781	1.8963
September	1.9646	1.8986	1.9257
October	1.9643	1.9196	1.9359
November	1.9770	1.9067	1.9390
December	2.0535	1.9550	2.0076