2015 SCR to ARS Historical Review

YEARLY HIGH

1.0363 ARS

YEARLY LOW

0.6055 ARS

YEARLY AVERAGE

0.6971 ARS

2015 SCR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SCR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0363. Conversely, the yearly low was recorded on January 11, dropping to 0.6055.

This high-to-low spread represents a total annual volatility of 0.4307 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6179 to the December average rate of 0.8859, the exchange rate registered a net change of 43.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0363 was up 54.19% compared to the 2014 peak of 0.6721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,181 ARS

2014 Average 3,193 ARS

Yearly Trough Low 3,028 ARS

Transaction Impact: A difference of 2,153.65 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9128

0.5911

JanuMarcMayJulySeptNove

SCR 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 0.6469, compared to 0.7473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1004 points.

H1 Avg (Jan–Jun) 0.6469

H2 Avg (Jul–Dec) 0.7473

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.3014 ARS (High: 1.0363 / Low: 0.7348). On the other end, April was the most stable month, with a tight range of 0.0182 ARS (High: 0.6615 / Low: 0.6433).

December Spread (Volatile) ±0.3014

April Spread (Stable) ±0.0182

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 2015: 0.8859) against the same month in 2014 (average: 0.6110), the exchange rate shifted by +0.2749 (+45.00%).

2015 Avg (December) 0.8859

2014 Avg (December) 0.6110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6504	0.6055	0.6179
February	0.6304	0.6108	0.6192
March	0.6559	0.6212	0.6404
April	0.6615	0.6433	0.6527
May	0.6797	0.6533	0.6672
June	0.7014	0.6723	0.6840
July	0.7151	0.6779	0.6971
August	0.7271	0.6918	0.7066
September	0.7393	0.6938	0.7181
October	0.7478	0.7013	0.7276
November	0.7723	0.7177	0.7484
December	1.0363	0.7348	0.8859