2018 LBP to ARS Historical Review

YEARLY HIGH

0.0273 ARS

YEARLY LOW

0.0121 ARS

YEARLY AVERAGE

0.0186 ARS

2018 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0273. Conversely, the yearly low was recorded on January 2, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0151 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0250, the exchange rate registered a net change of 99.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0273 was up 115.15% compared to the 2017 peak of 0.0127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136 ARS

2017 Average 55 ARS

Yearly Trough Low 61 ARS

Transaction Impact: A difference of 75.72 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0268

0.0113

JanuMarcMayJulySeptNove

LBP 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 0.0143, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0143

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0076 ARS (High: 0.0256 / Low: 0.0180). On the other end, March was the most stable month, with a tight range of 0.0002 ARS (High: 0.0134 / Low: 0.0133).

August Spread (Volatile) ±0.0076

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0010 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0255) against the same month in 2017 (average: 0.0114), the exchange rate shifted by +0.0141 (+123.12%).

2018 Avg (September) 0.0255

2017 Avg (September) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0121	0.0126
February	0.0133	0.0128	0.0131
March	0.0134	0.0133	0.0133
April	0.0136	0.0133	0.0134
May	0.0165	0.0136	0.0156
June	0.0191	0.0164	0.0176
July	0.0192	0.0180	0.0183
August	0.0256	0.0180	0.0197
September	0.0273	0.0243	0.0255
October	0.0261	0.0237	0.0245
November	0.0259	0.0233	0.0240
December	0.0254	0.0241	0.0250