2017 GNF to ARS Historical Review

YEARLY HIGH

0.0021 ARS

YEARLY LOW

0.0016 ARS

YEARLY AVERAGE

0.0018 ARS

2017 GNF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0021. Conversely, the yearly low was recorded on April 15, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0020, the exchange rate registered a net change of 15.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0021 was up 2.72% compared to the 2016 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 ARS

2016 Average 9 ARS

Yearly Trough Low 8 ARS

Transaction Impact: A difference of 2.51 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0020

0.0016

JanuMarcMayJulySeptNove

GNF 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 0.0017, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0002 ARS (High: 0.0021 / Low: 0.0019). On the other end, October was the most stable month, with a tight range of 0.0000 ARS (High: 0.0020 / Low: 0.0019).

December Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0020) against the same month in 2016 (average: 0.0017), the exchange rate shifted by +0.0003 (+15.14%).

2017 Avg (December) 0.0020

2016 Avg (December) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0017	0.0017	0.0017
February	0.0017	0.0016	0.0017
March	0.0017	0.0016	0.0017
April	0.0017	0.0016	0.0017
May	0.0018	0.0016	0.0017
June	0.0018	0.0017	0.0018
July	0.0020	0.0018	0.0019
August	0.0020	0.0019	0.0020
September	0.0020	0.0019	0.0019
October	0.0020	0.0019	0.0019
November	0.0020	0.0019	0.0019
December	0.0021	0.0019	0.0020