2017 ARS to ETB Historical Review

YEARLY HIGH

1.5918 ETB

YEARLY LOW

1.2973 ETB

YEARLY AVERAGE

1.4481 ETB

2017 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 1.5918. Conversely, the yearly low was recorded on July 30, dropping to 1.2973.

This high-to-low spread represents a total annual volatility of 0.2945 ETB. From a start-to-finish perspective, comparing the January average rate of 1.4202 to the December average rate of 1.5445, the exchange rate registered a net change of 8.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5918 was down 2.84% compared to the 2016 peak of 1.6384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,959 ETB

2016 Average 7,409 ETB

Yearly Trough Low 6,487 ETB

Transaction Impact: A difference of 1,472.40 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5842

1.3172

JanuMarcMayJulySeptNove

ARS to ETB 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 1.4552, compared to 1.4411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 1.4552

H2 Avg (Jul–Dec) 1.4411

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.2277 ETB (High: 1.5738 / Low: 1.3461). On the other end, March was the most stable month, with a tight range of 0.0346 ETB (High: 1.4848 / Low: 1.4503).

October Spread (Volatile) ±0.2277

March Spread (Stable) ±0.0346

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 June and July, when the average rate fell by 0.0811 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.5445) against the same month in 2016 (average: 1.4140), the exchange rate shifted by +0.1306 (+9.23%).

2017 Avg (December) 1.5445

2016 Avg (December) 1.4140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4323	1.3921	1.4202
February	1.4771	1.4292	1.4560
March	1.4848	1.4503	1.4648
April	1.5123	1.4718	1.4903
May	1.5065	1.4194	1.4651
June	1.4635	1.3947	1.4349
July	1.4084	1.2973	1.3538
August	1.3698	1.3116	1.3394
September	1.3843	1.3395	1.3642
October	1.5738	1.3461	1.4824
November	1.5860	1.5444	1.5619
December	1.5918	1.4280	1.5445