2017 BAM to ARS Historical Review

YEARLY HIGH

11.7564 ARS

YEARLY LOW

8.2254 ARS

YEARLY AVERAGE

9.5808 ARS

2017 BAM to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BAM to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.7564. Conversely, the yearly low was recorded on April 10, dropping to 8.2254.

This high-to-low spread represents a total annual volatility of 3.5310 ARS. From a start-to-finish perspective, comparing the January average rate of 8.6335 to the December average rate of 10.7358, the exchange rate registered a net change of 24.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.7564 was up 33.51% compared to the 2016 peak of 8.8056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,782 ARS

2016 Average 41,734 ARS

Yearly Trough Low 41,127 ARS

Transaction Impact: A difference of 17,654.89 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.9696

8.1638

JanuMarcMayJulySeptNove

BAM 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 8.6853, compared to 10.4763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7911 points.

H1 Avg (Jan–Jun) 8.6853

H2 Avg (Jul–Dec) 10.4763

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.3838 ARS (High: 11.7564 / Low: 10.3725). On the other end, November was the most stable month, with a tight range of 0.2085 ARS (High: 10.5921 / Low: 10.3836).

December Spread (Volatile) ±1.3838

November Spread (Stable) ±0.2085

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1553 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 10.7358) against the same month in 2016 (average: 8.5318), the exchange rate shifted by +2.2040 (+25.83%).

2017 Avg (December) 10.7358

2016 Avg (December) 8.5318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.7739	8.4803	8.6335
February	8.6915	8.3240	8.4782
March	8.6657	8.2745	8.4822
April	8.6323	8.2254	8.3976
May	9.2966	8.5018	8.8822
June	9.7103	9.0920	9.2380
July	10.6975	9.6159	10.1185
August	10.7192	10.2439	10.5219
September	10.6236	10.3524	10.4998
October	10.6579	10.4044	10.4898
November	10.5921	10.3836	10.4922
December	11.7564	10.3725	10.7358