2018 ARS to ETB Historical Review

YEARLY HIGH

1.4902 ETB

YEARLY LOW

0.6713 ETB

YEARLY AVERAGE

1.0566 ETB

2018 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.4902. Conversely, the yearly low was recorded on September 30, dropping to 0.6713.

This high-to-low spread represents a total annual volatility of 0.8189 ETB. From a start-to-finish perspective, comparing the January average rate of 1.4451 to the December average rate of 0.7460, the exchange rate registered a net change of -48.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4902 was down 6.38% compared to the 2017 peak of 1.5918, 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 7,451 ETB

2017 Average 7,240 ETB

Yearly Trough Low 3,356 ETB

Transaction Impact: A difference of 4,094.45 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5176

0.6472

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 1.2931, compared to 0.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4731 points.

H1 Avg (Jan–Jun) 1.2931

H2 Avg (Jul–Dec) 0.8201

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.3028 ETB (High: 1.0162 / Low: 0.7134). On the other end, March was the most stable month, with a tight range of 0.0221 ETB (High: 1.3690 / Low: 1.3468).

August Spread (Volatile) ±0.3028

March Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

Between September and November, 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 0.2121 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.4451) against the same month in 2017 (average: 1.4202), the exchange rate shifted by +0.0249 (+1.75%).

2018 Avg (January) 1.4451

2017 Avg (January) 1.4202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4902	1.3981	1.4451
February	1.4234	1.3570	1.3871
March	1.3690	1.3468	1.3603
April	1.3668	1.3361	1.3576
May	1.3309	1.1003	1.1720
June	1.1065	0.9547	1.0367
July	1.0174	0.9512	0.9985
August	1.0162	0.7134	0.9319
September	0.7518	0.6713	0.7198
October	0.7797	0.7044	0.7535
November	0.7932	0.7203	0.7708
December	0.7698	0.7279	0.7460