2017 EGP to ARS Historical Review

YEARLY HIGH

1.0795 ARS

YEARLY LOW

0.8332 ARS

YEARLY AVERAGE

0.9293 ARS

2017 EGP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.0795. Conversely, the yearly low was recorded on February 3, dropping to 0.8332.

This high-to-low spread represents a total annual volatility of 0.2463 ARS. From a start-to-finish perspective, comparing the January average rate of 0.8532 to the December average rate of 0.9953, the exchange rate registered a net change of 16.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0795 was down 46.36% compared to the 2016 peak of 2.0123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,397 ARS

2016 Average 7,855 ARS

Yearly Trough Low 4,166 ARS

Transaction Impact: A difference of 1,231.46 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0100

0.8341

JanuMarcMayJulySeptNove

EGP 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 0.8769, compared to 0.9818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1049 points.

H1 Avg (Jan–Jun) 0.8769

H2 Avg (Jul–Dec) 0.9818

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1599 ARS (High: 0.9931 / Low: 0.8332). On the other end, October was the most stable month, with a tight range of 0.0206 ARS (High: 1.0024 / Low: 0.9818).

February Spread (Volatile) ±0.1599

October Spread (Stable) ±0.0206

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 February and March, when the average rate fell by 0.0396 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.9953) against the same month in 2016 (average: 0.8613), the exchange rate shifted by +0.1340 (+15.56%).

2017 Avg (December) 0.9953

2016 Avg (December) 0.8613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8829	0.8356	0.8532
February	0.9931	0.8332	0.9208
March	0.9560	0.8449	0.8813
April	0.8602	0.8344	0.8488
May	0.8971	0.8434	0.8683
June	0.9173	0.8748	0.8890
July	0.9957	0.9082	0.9582
August	0.9971	0.9617	0.9816
September	0.9956	0.9622	0.9766
October	1.0024	0.9818	0.9891
November	1.0001	0.9763	0.9897
December	1.0795	0.9669	0.9953