2015 SVC to ARS Historical Review

YEARLY HIGH

1.5169 ARS

YEARLY LOW

0.9677 ARS

YEARLY AVERAGE

1.0585 ARS

2015 SVC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SVC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.5169. Conversely, the yearly low was recorded on January 2, dropping to 0.9677.

This high-to-low spread represents a total annual volatility of 0.5492 ARS. From a start-to-finish perspective, comparing the January average rate of 0.9815 to the December average rate of 1.2991, the exchange rate registered a net change of 32.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.5169 was up 54.71% compared to the 2014 peak of 0.9805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,584 ARS

2014 Average 4,636 ARS

Yearly Trough Low 4,838 ARS

Transaction Impact: A difference of 2,746.12 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.3309

0.9497

JanuMarcMayJulySeptNove

SVC 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 1.0081, compared to 1.1089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1008 points.

H1 Avg (Jan–Jun) 1.0081

H2 Avg (Jul–Dec) 1.1089

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.4088 ARS (High: 1.5169 / Low: 1.1081). On the other end, July was the most stable month, with a tight range of 0.0122 ARS (High: 1.0505 / Low: 1.0383).

December Spread (Volatile) ±0.4088

July Spread (Stable) ±0.0122

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: 1.2991) against the same month in 2014 (average: 0.9758), the exchange rate shifted by +0.3233 (+33.14%).

2015 Avg (December) 1.2991

2014 Avg (December) 0.9758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9907	0.9677	0.9815
February	0.9976	0.9840	0.9915
March	1.0120	0.9879	1.0016
April	1.0243	1.0040	1.0141
May	1.0339	1.0195	1.0250
June	1.0466	1.0271	1.0348
July	1.0505	1.0383	1.0451
August	1.0670	1.0499	1.0576
September	1.0788	1.0617	1.0712
October	1.0891	1.0756	1.0824
November	1.1070	1.0808	1.0979
December	1.5169	1.1081	1.2991