2018 GNF to ARS Historical Review

YEARLY HIGH

0.0045 ARS

YEARLY LOW

0.0020 ARS

YEARLY AVERAGE

0.0031 ARS

2018 GNF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0045. Conversely, the yearly low was recorded on January 2, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0025 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0041, the exchange rate registered a net change of 95.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0045 was up 113.90% compared to the 2017 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 23 ARS

2017 Average 9 ARS

Yearly Trough Low 10 ARS

Transaction Impact: A difference of 12.55 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0045

0.0019

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 0.0024, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0024

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0013 ARS (High: 0.0043 / Low: 0.0030). On the other end, March was the most stable month, with a tight range of 0.0000 ARS (High: 0.0023 / Low: 0.0022).

August Spread (Volatile) ±0.0013

March Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0043) against the same month in 2017 (average: 0.0019), the exchange rate shifted by +0.0023 (+121.38%).

2018 Avg (September) 0.0043

2017 Avg (September) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0020	0.0021
February	0.0022	0.0021	0.0022
March	0.0023	0.0022	0.0022
April	0.0023	0.0022	0.0022
May	0.0028	0.0023	0.0026
June	0.0032	0.0028	0.0030
July	0.0032	0.0030	0.0031
August	0.0043	0.0030	0.0033
September	0.0045	0.0041	0.0043
October	0.0044	0.0039	0.0041
November	0.0043	0.0039	0.0040
December	0.0042	0.0040	0.0041