ICVRv.2.0 - Real Criollo Value Index

ICVR – Real Criollo Value Index

The ICVR (Índice Criollo de Valor Real) is a symbolic synthetic currency built to estimate the real effective value of the Argentine peso.
It combines exchange-rate pressure, inflation drift, and monetary expansion into a single interpretable metric.

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🔍 What does the ICVR measure?

The ICVR provides a daily estimate of the peso’s real purchasing power by blending:
• Dollar exchange rates (official/wholesale, MEP, CCL, blue/crypto)
• Estimated monthly inflation
• Monthly monetary issuance

Users can freely adjust the weighting of each component to model different macro scenarios.

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🧠 How is it conceptually calculated?

Without revealing proprietary code, the index works through:
1. A composite dollar rate, created from multiple ARS/USD markets.
2. A weighted adjustment for inflation drift, applied proportionally over time.
3. A weighted adjustment for monetary issuance, representing dilution of currency supply.
4. A normalization step, which creates a stable synthetic unit so changes can be compared over time.

These elements are combined arithmetically to form a single real-value index.

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📌 Main Features

ICVR Core Calculation
• Composite dollar index (official + wholesale + MEP + blue/crypto + CCL)
• Customizable inflation
• Customizable monetary issuance
• Weighting sliders for all components

Real-Value Conversion Tool
• Enter a historical salary or price in ARS
• Select the date
• Automatically adjust it to today in:
• ICVR equivalent (real value)
• USD equivalent (composite dollar)

Variation Measurements
• Daily change of the ICVR
• % variation of the selected ARS value since its start date
• % variation of the ICVR since that same date

Visual Tools
• Summary table with ICVR, BTC, gold and USD
• Asset values displayed in ICVR terms
• Optional smoothing (SMA / EMA)
• Optional baseline for clearer visual comparison

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🧪 Use Cases
• Evaluate whether a salary kept up with inflation
• Convert a 2020/2021/2022 price into its current real value
• Compare BTC, gold or the dollar against a “real criollo currency”
• Estimate hidden devaluations
• Adjust contracts or services using a synthetic real-value index

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⚙️ How to Use
1. Add the script in daily timeframe (1D) for best results.
2. Adjust inflation and monetary issuance inputs.
3. Modify the weighting to create different macro scenarios.
4. If needed, enter a historical salary/price to convert it into today’s real ICVR value.

Compatible with any symbol. No external data feed required.

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⚠️ Disclaimer

This indicator is a synthetic analytical tool for educational and comparative purposes.
It does not replace official inflation indexes, monetary data, or legal exchange rates.