2018 BTN to ARS Historical Review

YEARLY HIGH

0.5694 ARS

YEARLY LOW

0.2896 ARS

YEARLY AVERAGE

0.4066 ARS

2018 BTN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BTN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.5694. Conversely, the yearly low was recorded on January 2, dropping to 0.2896.

This high-to-low spread represents a total annual volatility of 0.2799 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2987 to the December average rate of 0.5351, the exchange rate registered a net change of 79.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5694 was up 89.56% compared to the 2017 peak of 0.3004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,847 ARS

2017 Average 1,274 ARS

Yearly Trough Low 1,448 ARS

Transaction Impact: A difference of 1,399.27 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5589

0.2750

JanuMarcMayJulySeptNove

BTN 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 0.3280, compared to 0.4851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1572 points.

H1 Avg (Jan–Jun) 0.3280

H2 Avg (Jul–Dec) 0.4851

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1524 ARS (High: 0.5472 / Low: 0.3948). On the other end, March was the most stable month, with a tight range of 0.0051 ARS (High: 0.3140 / Low: 0.3089).

August Spread (Volatile) ±0.1524

March Spread (Stable) ±0.0051

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 0.0322 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.5352) against the same month in 2017 (average: 0.2676), the exchange rate shifted by +0.2676 (+99.99%).

2018 Avg (September) 0.5352

2017 Avg (September) 0.2676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3091	0.2896	0.2987
February	0.3118	0.3035	0.3080
March	0.3140	0.3089	0.3109
April	0.3117	0.3028	0.3083
May	0.3701	0.3112	0.3488
June	0.4218	0.3705	0.3931
July	0.4227	0.3969	0.4022
August	0.5472	0.3948	0.4291
September	0.5694	0.5134	0.5352
October	0.5418	0.4843	0.5030
November	0.5515	0.4833	0.5063
December	0.5455	0.5185	0.5351