2018 BGN to ARS Historical Review

YEARLY HIGH

24.4974 ARS

YEARLY LOW

11.3314 ARS

YEARLY AVERAGE

16.8265 ARS

2018 BGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 24.4974. Conversely, the yearly low was recorded on January 3, dropping to 11.3314.

This high-to-low spread represents a total annual volatility of 13.1660 ARS. From a start-to-finish perspective, comparing the January average rate of 11.8575 to the December average rate of 21.9867, the exchange rate registered a net change of 85.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 24.4974 was up 108.38% compared to the 2017 peak of 11.7561, 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 122,487 ARS

2017 Average 47,958 ARS

Yearly Trough Low 56,657 ARS

Transaction Impact: A difference of 65,830.08 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

24.0867

10.7457

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 13.3278, compared to 20.3252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9974 points.

H1 Avg (Jan–Jun) 13.3278

H2 Avg (Jul–Dec) 20.3252

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 7.0008 ARS (High: 23.1212 / Low: 16.1204). On the other end, April was the most stable month, with a tight range of 0.1895 ARS (High: 12.7842 / Low: 12.5947).

August Spread (Volatile) ±7.0008

April Spread (Stable) ±0.1895

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 1.2337 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.2337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 22.9749) against the same month in 2017 (average: 10.4996), the exchange rate shifted by +12.4754 (+118.82%).

2018 Avg (September) 22.9749

2017 Avg (September) 10.4996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4689	11.3314	11.8575
February	12.7000	12.3163	12.5214
March	12.9283	12.6246	12.7455
April	12.7842	12.5947	12.7026
May	15.2656	12.6930	14.2341
June	17.2527	14.8700	15.9059
July	17.2923	16.2124	16.5071
August	23.1212	16.1204	17.6199
September	24.4974	21.8602	22.9749
October	23.3661	20.7647	21.7413
November	22.6463	20.4066	21.1212
December	22.3842	21.1948	21.9867