2018 BWP to ARS Historical Review

YEARLY HIGH

3.8795 ARS

YEARLY LOW

1.8709 ARS

YEARLY AVERAGE

2.7262 ARS

2018 BWP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BWP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 3.8795. Conversely, the yearly low was recorded on January 2, dropping to 1.8709.

This high-to-low spread represents a total annual volatility of 2.0086 ARS. From a start-to-finish perspective, comparing the January average rate of 1.9509 to the December average rate of 3.5345, the exchange rate registered a net change of 81.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.8795 was up 98.77% compared to the 2017 peak of 1.9517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,398 ARS

2017 Average 8,010 ARS

Yearly Trough Low 9,355 ARS

Transaction Impact: A difference of 10,043.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.7387

1.7884

JanuMarcMayJulySeptNove

BWP 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 2.2021, compared to 3.2502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0481 points.

H1 Avg (Jan–Jun) 2.2021

H2 Avg (Jul–Dec) 3.2502

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.0846 ARS (High: 3.6462 / Low: 2.5616). On the other end, March was the most stable month, with a tight range of 0.0368 ARS (High: 2.1353 / Low: 2.0985).

August Spread (Volatile) ±1.0846

March Spread (Stable) ±0.0368

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 0.1069 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 3.5762) against the same month in 2017 (average: 1.6955), the exchange rate shifted by +1.8807 (+110.92%).

2018 Avg (September) 3.5762

2017 Avg (September) 1.6955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0591	1.8709	1.9509
February	2.1348	2.0220	2.0749
March	2.1353	2.0985	2.1133
April	2.1110	2.0638	2.0951
May	2.5510	2.1026	2.3735
June	2.7692	2.4871	2.6050
July	2.7752	2.6325	2.6799
August	3.6462	2.5616	2.8230
September	3.8795	3.3906	3.5762
October	3.7118	3.2989	3.4693
November	3.7038	3.3067	3.4185
December	3.5858	3.4577	3.5345