2015 SZL to ARS Historical Review

YEARLY HIGH

0.8794 ARS

YEARLY LOW

0.6168 ARS

YEARLY AVERAGE

0.7261 ARS

2015 SZL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SZL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.8794. Conversely, the yearly low was recorded on December 12, dropping to 0.6168.

This high-to-low spread represents a total annual volatility of 0.2626 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7433 to the December average rate of 0.7527, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8794 was up 11.41% compared to the 2014 peak of 0.7893, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,397 ARS

2014 Average 3,740 ARS

Yearly Trough Low 3,084 ARS

Transaction Impact: A difference of 1,312.93 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.7601

0.6713

JanuMarcMayJulySeptNove

SZL 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 0.7402, compared to 0.7119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0284 points.

H1 Avg (Jan–Jun) 0.7402

H2 Avg (Jul–Dec) 0.7119

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.2626 ARS (High: 0.8794 / Low: 0.6168). On the other end, July was the most stable month, with a tight range of 0.0180 ARS (High: 0.7432 / Low: 0.7252).

December Spread (Volatile) ±0.2626

July Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0308 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.7527) against the same month in 2014 (average: 0.7430), the exchange rate shifted by +0.0098 (+1.31%).

2015 Avg (December) 0.7527

2014 Avg (December) 0.7430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7570	0.7301	0.7433
February	0.7644	0.7361	0.7489
March	0.7488	0.7032	0.7269
April	0.7529	0.7273	0.7382
May	0.7600	0.7390	0.7483
June	0.7492	0.7170	0.7360
July	0.7432	0.7252	0.7344
August	0.7310	0.6990	0.7172
September	0.7049	0.6682	0.6863
October	0.7260	0.6772	0.7019
November	0.6932	0.6678	0.6787
December	0.8794	0.6168	0.7527