2018 LSL to ARS Historical Review

YEARLY HIGH

2.9059 ARS

YEARLY LOW

1.4892 ARS

YEARLY AVERAGE

2.0923 ARS

2018 LSL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LSL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.9059. Conversely, the yearly low was recorded on January 2, dropping to 1.4892.

This high-to-low spread represents a total annual volatility of 1.4167 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5602 to the December average rate of 2.6509, the exchange rate registered a net change of 69.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9059 was up 86.84% compared to the 2017 peak of 1.5553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,530 ARS

2017 Average 6,225 ARS

Yearly Trough Low 7,446 ARS

Transaction Impact: A difference of 7,083.32 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.7599

1.4511

JanuMarcMayJulySeptNove

LSL 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 1.7505, compared to 2.4342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6837 points.

H1 Avg (Jan–Jun) 1.7505

H2 Avg (Jul–Dec) 2.4342

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.6690 ARS (High: 2.7005 / Low: 2.0316). On the other end, March was the most stable month, with a tight range of 0.0479 ARS (High: 1.7305 / Low: 1.6826).

August Spread (Volatile) ±0.6690

March Spread (Stable) ±0.0479

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 0.0700 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.6179) against the same month in 2017 (average: 1.3106), the exchange rate shifted by +1.3073 (+99.75%).

2018 Avg (September) 2.6179

2017 Avg (September) 1.3106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6587	1.4892	1.5602
February	1.7425	1.6139	1.6761
March	1.7305	1.6826	1.7051
April	1.7048	1.6280	1.6738
May	2.0352	1.6712	1.8780
June	2.1019	1.9516	2.0097
July	2.0999	2.0237	2.0595
August	2.7005	2.0316	2.1477
September	2.9059	2.4384	2.6179
October	2.7898	2.4331	2.5479
November	2.8117	2.4653	2.5814
December	2.7390	2.6068	2.6509