2017 AZN to ARS Historical Review

YEARLY HIGH

11.2829 ARS

YEARLY LOW

8.0549 ARS

YEARLY AVERAGE

9.6357 ARS

2017 AZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 11.2829. Conversely, the yearly low was recorded on February 5, dropping to 8.0549.

This high-to-low spread represents a total annual volatility of 3.2280 ARS. From a start-to-finish perspective, comparing the January average rate of 8.5763 to the December average rate of 10.4467, the exchange rate registered a net change of 21.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.2829 was up 11.70% compared to the 2016 peak of 10.1011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,415 ARS

2016 Average 46,034 ARS

Yearly Trough Low 40,275 ARS

Transaction Impact: A difference of 16,140.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.6379

8.3428

JanuMarcMayJulySeptNove

AZN 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 8.9958, compared to 10.2755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2798 points.

H1 Avg (Jan–Jun) 8.9958

H2 Avg (Jul–Dec) 10.2755

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.1511 ARS (High: 11.2829 / Low: 10.1319). On the other end, November was the most stable month, with a tight range of 0.2046 ARS (High: 10.3912 / Low: 10.1866).

December Spread (Volatile) ±1.1511

November Spread (Stable) ±0.2046

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1298 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 10.4467) against the same month in 2016 (average: 8.9405), the exchange rate shifted by +1.5061 (+16.85%).

2017 Avg (December) 10.4467

2016 Avg (December) 8.9405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.9235	8.1613	8.5763
February	8.7781	8.0549	8.5341
March	9.1663	8.5770	8.9412
April	9.2292	8.9545	9.0989
May	9.6042	9.0491	9.3207
June	9.8594	9.3650	9.5035
July	10.5657	9.7636	10.1709
August	10.5031	10.0118	10.2875
September	10.4218	9.9853	10.1578
October	10.4180	10.2059	10.2980
November	10.3912	10.1866	10.2924
December	11.2829	10.1319	10.4467