2015 STD to ARS Historical Review

YEARLY HIGH

0.0006 ARS

YEARLY LOW

0.0004 ARS

YEARLY AVERAGE

0.0004 ARS

2015 STD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the STD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0006. Conversely, the yearly low was recorded on March 15, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0002 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0005, the exchange rate registered a net change of 23.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0006 was up 30.06% compared to the 2014 peak of 0.0005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3 ARS

2014 Average 2 ARS

Yearly Trough Low 2 ARS

Transaction Impact: A difference of 1.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0005

0.0004

JanuMarcMayJulySeptNove

STD 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 0.0004, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0004

H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0002 ARS (High: 0.0006 / Low: 0.0004). On the other end, February was the most stable month, with a tight range of 0.0000 ARS (High: 0.0004 / Low: 0.0004).

December Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0005) against the same month in 2014 (average: 0.0004), the exchange rate shifted by +0.0001 (+17.55%).

2015 Avg (December) 0.0005

2014 Avg (December) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0004	0.0004	0.0004
February	0.0004	0.0004	0.0004
March	0.0004	0.0004	0.0004
April	0.0004	0.0004	0.0004
May	0.0004	0.0004	0.0004
June	0.0004	0.0004	0.0004
July	0.0004	0.0004	0.0004
August	0.0004	0.0004	0.0004
September	0.0004	0.0004	0.0004
October	0.0004	0.0004	0.0004
November	0.0004	0.0004	0.0004
December	0.0006	0.0004	0.0005