2018 AZN to ARS Historical Review

YEARLY HIGH

24.2490 ARS

YEARLY LOW

10.8197 ARS

YEARLY AVERAGE

16.4988 ARS

2018 AZN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 24.2490. Conversely, the yearly low was recorded on January 2, dropping to 10.8197.

This high-to-low spread represents a total annual volatility of 13.4293 ARS. From a start-to-finish perspective, comparing the January average rate of 11.2289 to the December average rate of 22.2038, the exchange rate registered a net change of 97.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 24.2490 was up 114.92% compared to the 2017 peak of 11.2829, 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 121,245 ARS

2017 Average 48,217 ARS

Yearly Trough Low 54,099 ARS

Transaction Impact: A difference of 67,146.60 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

23.7975

10.0863

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 12.7118, compared to 20.2858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5740 points.

H1 Avg (Jan–Jun) 12.7118

H2 Avg (Jul–Dec) 20.2858

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 6.7413 ARS (High: 22.7518 / Low: 16.0106). On the other end, March was the most stable month, with a tight range of 0.2437 ARS (High: 12.0687 / Low: 11.8250).

August Spread (Volatile) ±6.7413

March Spread (Stable) ±0.2437

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 0.9120 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 22.6549) against the same month in 2017 (average: 10.1578), the exchange rate shifted by +12.4972 (+123.03%).

2018 Avg (September) 22.6549

2017 Avg (September) 10.1578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6280	10.8197	11.2289
February	11.9765	11.3891	11.7391
March	12.0687	11.8250	11.9233
April	12.0705	11.8195	11.8925
May	14.6837	12.1646	13.8325
June	16.9680	14.6251	15.6545
July	17.0044	15.9753	16.2211
August	22.7518	16.0106	17.5393
September	24.2490	21.6399	22.6549
October	23.1862	21.0819	21.7429
November	22.9557	20.7783	21.3526
December	22.5316	21.4589	22.2038