2018 AFN to ARS Historical Review

YEARLY HIGH

0.5598 ARS

YEARLY LOW

0.2636 ARS

YEARLY AVERAGE

0.3847 ARS

2018 AFN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.5598. Conversely, the yearly low was recorded on January 2, dropping to 0.2636.

This high-to-low spread represents a total annual volatility of 0.2962 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2723 to the December average rate of 0.5001, the exchange rate registered a net change of 83.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5598 was up 103.14% compared to the 2017 peak of 0.2756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,799 ARS

2017 Average 1,218 ARS

Yearly Trough Low 1,318 ARS

Transaction Impact: A difference of 1,480.88 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5385

0.2481

JanuMarcMayJulySeptNove

AFN 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 0.3068, compared to 0.4626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1557 points.

H1 Avg (Jan–Jun) 0.3068

H2 Avg (Jul–Dec) 0.4626

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1510 ARS (High: 0.5273 / Low: 0.3763). On the other end, March was the most stable month, with a tight range of 0.0036 ARS (High: 0.2934 / Low: 0.2898).

August Spread (Volatile) ±0.1510

March Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0255 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4829) against the same month in 2017 (average: 0.2547), the exchange rate shifted by +0.2282 (+89.62%).

2018 Avg (November) 0.4829

2017 Avg (November) 0.2547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2827	0.2636	0.2723
February	0.2918	0.2787	0.2859
March	0.2934	0.2898	0.2911
April	0.2924	0.2869	0.2893
May	0.3510	0.2944	0.3312
June	0.3941	0.3478	0.3712
July	0.3955	0.3732	0.3790
August	0.5273	0.3763	0.4104
September	0.5453	0.4903	0.5143
October	0.5220	0.4722	0.4888
November	0.5598	0.4676	0.4829
December	0.5100	0.4813	0.5001