2018 ARS to HNL Historical Review

YEARLY HIGH

1.2863 HNL

YEARLY LOW

0.5835 HNL

YEARLY AVERAGE

0.9125 HNL

2018 ARS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.2863. Conversely, the yearly low was recorded on September 30, dropping to 0.5835.

This high-to-low spread represents a total annual volatility of 0.7028 HNL. From a start-to-finish perspective, comparing the January average rate of 1.2439 to the December average rate of 0.6419, the exchange rate registered a net change of -48.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2863 was down 16.92% compared to the 2017 peak of 1.5483, 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 6,432 HNL

2017 Average 7,108 HNL

Yearly Trough Low 2,918 HNL

Transaction Impact: A difference of 3,514.10 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3059

0.5624

JanuMarcMayJulySeptNove

ARS to HNL 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 1.1144, compared to 0.7106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4038 points.

H1 Avg (Jan–Jun) 1.1144

H2 Avg (Jul–Dec) 0.7106

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2618 HNL (High: 0.8816 / Low: 0.6198). On the other end, March was the most stable month, with a tight range of 0.0147 HNL (High: 1.1747 / Low: 1.1601).

August Spread (Volatile) ±0.2618

March Spread (Stable) ±0.0147

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 0.1852 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.2439) against the same month in 2017 (average: 1.4696), the exchange rate shifted by -0.2257 (-15.36%).

2018 Avg (January) 1.2439

2017 Avg (January) 1.4696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2863	1.2008	1.2439
February	1.2203	1.1681	1.1903
March	1.1747	1.1601	1.1688
April	1.1776	1.1513	1.1694
May	1.1431	0.9500	1.0124
June	0.9614	0.8318	0.9015
July	0.8820	0.8293	0.8685
August	0.8816	0.6198	0.8095
September	0.6519	0.5835	0.6243
October	0.6718	0.6102	0.6508
November	0.6859	0.6230	0.6682
December	0.6535	0.6096	0.6419