2016 SZL to ARS Historical Review

YEARLY HIGH

1.1819 ARS

YEARLY LOW

0.7906 ARS

YEARLY AVERAGE

1.0086 ARS

2016 SZL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1.1819. Conversely, the yearly low was recorded on January 17, dropping to 0.7906.

This high-to-low spread represents a total annual volatility of 0.3912 ARS. From a start-to-finish perspective, comparing the January average rate of 0.8338 to the December average rate of 1.1415, the exchange rate registered a net change of 36.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1819 was up 34.39% compared to the 2015 peak of 0.8794, 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 5,909 ARS

2015 Average 3,630 ARS

Yearly Trough Low 3,953 ARS

Transaction Impact: A difference of 1,956.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1723

0.8030

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 0.9312, compared to 1.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1547 points.

H1 Avg (Jan–Jun) 0.9312

H2 Avg (Jul–Dec) 1.0859

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1298 ARS (High: 1.0019 / Low: 0.8721). On the other end, April was the most stable month, with a tight range of 0.0528 ARS (High: 1.0051 / Low: 0.9523).

February Spread (Volatile) ±0.1298

April Spread (Stable) ±0.0528

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0614 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1415) against the same month in 2015 (average: 0.7527), the exchange rate shifted by +0.3888 (+51.65%).

2016 Avg (December) 1.1415

2015 Avg (December) 0.7527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8732	0.7906	0.8338
February	1.0019	0.8721	0.9364
March	1.0065	0.9231	0.9702
April	1.0051	0.9523	0.9851
May	1.0059	0.8834	0.9237
June	1.0152	0.8925	0.9383
July	1.0751	0.9985	1.0347
August	1.1139	1.0369	1.0798
September	1.1264	1.0214	1.0728
October	1.1178	1.0576	1.0898
November	1.1252	1.0663	1.0970
December	1.1819	1.1050	1.1415