2017 BND to ARS Historical Review

YEARLY HIGH

14.3603 ARS

YEARLY LOW

10.7987 ARS

YEARLY AVERAGE

12.0033 ARS

2017 BND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.3603. Conversely, the yearly low was recorded on February 15, dropping to 10.7987.

This high-to-low spread represents a total annual volatility of 3.5616 ARS. From a start-to-finish perspective, comparing the January average rate of 11.1158 to the December average rate of 13.1725, the exchange rate registered a net change of 18.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.3603 was up 27.38% compared to the 2016 peak of 11.2740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,802 ARS

2016 Average 53,469 ARS

Yearly Trough Low 53,993 ARS

Transaction Impact: A difference of 17,808.23 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.3934

10.7426

JanuMarcMayJulySeptNove

BND 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 11.1732, compared to 12.8334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6603 points.

H1 Avg (Jan–Jun) 11.1732

H2 Avg (Jul–Dec) 12.8334

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.6073 ARS (High: 14.3603 / Low: 12.7530). On the other end, November was the most stable month, with a tight range of 0.1238 ARS (High: 12.9666 / Low: 12.8428).

December Spread (Volatile) ±1.6073

November Spread (Stable) ±0.1238

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 0.1025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 13.1725) against the same month in 2016 (average: 11.0300), the exchange rate shifted by +2.1425 (+19.42%).

2017 Avg (December) 13.1725

2016 Avg (December) 11.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2864	10.9802	11.1158
February	11.1764	10.7987	11.0134
March	11.1994	10.8858	11.0439
April	11.1036	10.8278	10.9635
May	11.6694	10.9497	11.2657
June	12.0754	11.4813	11.6367
July	13.1375	11.9581	12.5246
August	12.9994	12.4831	12.8046
September	12.9562	12.5902	12.7714
October	13.0004	12.7026	12.8278
November	12.9666	12.8428	12.8999
December	14.3603	12.7530	13.1725