2017 CVE to ARS Historical Review

YEARLY HIGH

0.2077 ARS

YEARLY LOW

0.1454 ARS

YEARLY AVERAGE

0.1694 ARS

2017 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2077. Conversely, the yearly low was recorded on April 17, dropping to 0.1454.

This high-to-low spread represents a total annual volatility of 0.0623 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1529 to the December average rate of 0.1898, the exchange rate registered a net change of 24.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2077 was up 33.08% compared to the 2016 peak of 0.1561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,039 ARS

2016 Average 740 ARS

Yearly Trough Low 727 ARS

Transaction Impact: A difference of 311.56 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1939

0.1444

JanuMarcMayJulySeptNove

CVE 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 0.1536, compared to 0.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 0.1536

H2 Avg (Jul–Dec) 0.1853

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0242 ARS (High: 0.2077 / Low: 0.1836). On the other end, November was the most stable month, with a tight range of 0.0039 ARS (High: 0.1873 / Low: 0.1834).

December Spread (Volatile) ±0.0242

November Spread (Stable) ±0.0039

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 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1898) against the same month in 2016 (average: 0.1514), the exchange rate shifted by +0.0384 (+25.33%).

2017 Avg (December) 0.1898

2016 Avg (December) 0.1514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1553	0.1513	0.1529
February	0.1535	0.1472	0.1498
March	0.1533	0.1459	0.1500
April	0.1524	0.1454	0.1485
May	0.1642	0.1506	0.1570
June	0.1719	0.1606	0.1634
July	0.1892	0.1702	0.1791
August	0.1899	0.1820	0.1862
September	0.1878	0.1829	0.1856
October	0.1879	0.1836	0.1857
November	0.1873	0.1834	0.1854
December	0.2077	0.1836	0.1898