2017 ETB to ARS Historical Review

YEARLY HIGH

0.7708 ARS

YEARLY LOW

0.6282 ARS

YEARLY AVERAGE

0.6924 ARS

2017 ETB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.7708. Conversely, the yearly low was recorded on December 11, dropping to 0.6282.

This high-to-low spread represents a total annual volatility of 0.1426 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7042 to the December average rate of 0.6481, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7708 was up 4.39% compared to the 2016 peak of 0.7384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,854 ARS

2016 Average 3,378 ARS

Yearly Trough Low 3,141 ARS

Transaction Impact: A difference of 712.98 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7573

0.6296

JanuMarcMayJulySeptNove

ETB 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 0.6874, compared to 0.6974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.6874

H2 Avg (Jul–Dec) 0.6974

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1075 ARS (High: 0.7429 / Low: 0.6354). On the other end, March was the most stable month, with a tight range of 0.0161 ARS (High: 0.6895 / Low: 0.6735).

October Spread (Volatile) ±0.1075

March Spread (Stable) ±0.0161

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 September and October, when the average rate fell by 0.0555 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.7390) against the same month in 2016 (average: 0.6785), the exchange rate shifted by +0.0605 (+8.91%).

2017 Avg (July) 0.7390

2016 Avg (July) 0.6785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7183	0.6982	0.7042
February	0.6997	0.6770	0.6869
March	0.6895	0.6735	0.6827
April	0.6795	0.6612	0.6711
May	0.7045	0.6638	0.6829
June	0.7170	0.6833	0.6970
July	0.7708	0.7100	0.7390
August	0.7624	0.7300	0.7467
September	0.7465	0.7224	0.7331
October	0.7429	0.6354	0.6776
November	0.6475	0.6305	0.6403
December	0.7003	0.6282	0.6481