2017 BGN to ARS Historical Review

YEARLY HIGH

11.7561 ARS

YEARLY LOW

8.2002 ARS

YEARLY AVERAGE

9.5834 ARS

2017 BGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.7561. Conversely, the yearly low was recorded on April 17, dropping to 8.2002.

This high-to-low spread represents a total annual volatility of 3.5559 ARS. From a start-to-finish perspective, comparing the January average rate of 8.6349 to the December average rate of 10.7385, the exchange rate registered a net change of 24.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.7561 was up 33.58% compared to the 2016 peak of 8.8010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,780 ARS

2016 Average 41,741 ARS

Yearly Trough Low 41,001 ARS

Transaction Impact: A difference of 17,779.56 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.9725

8.1650

JanuMarcMayJulySeptNove

BGN 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 8.6868, compared to 10.4800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7932 points.

H1 Avg (Jan–Jun) 8.6868

H2 Avg (Jul–Dec) 10.4800

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.3864 ARS (High: 11.7561 / Low: 10.3697). On the other end, October was the most stable month, with a tight range of 0.1675 ARS (High: 10.5687 / Low: 10.4012).

December Spread (Volatile) ±1.3864

October Spread (Stable) ±0.1675

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 0.1616 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 10.7385) against the same month in 2016 (average: 8.5354), the exchange rate shifted by +2.2031 (+25.81%).

2017 Avg (December) 10.7385

2016 Avg (December) 8.5354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.7748	8.4830	8.6349
February	8.6935	8.3274	8.4733
March	8.6636	8.2788	8.4836
April	8.6318	8.2002	8.3990
May	9.2984	8.4967	8.8853
June	9.7107	9.0842	9.2446
July	10.6982	9.6164	10.1272
August	10.7341	10.2535	10.5294
September	10.6337	10.3618	10.4996
October	10.5687	10.4012	10.4860
November	10.5864	10.3928	10.4990
December	11.7561	10.3697	10.7385