2017 MDL to ARS Historical Review

YEARLY HIGH

1.1205 ARS

YEARLY LOW

0.7680 ARS

YEARLY AVERAGE

0.9017 ARS

2017 MDL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.1205. Conversely, the yearly low was recorded on February 15, dropping to 0.7680.

This high-to-low spread represents a total annual volatility of 0.3524 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7920 to the December average rate of 1.0322, the exchange rate registered a net change of 30.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1205 was up 39.89% compared to the 2016 peak of 0.8010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,602 ARS

2016 Average 3,711 ARS

Yearly Trough Low 3,840 ARS

Transaction Impact: A difference of 1,762.22 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0573

0.7557

JanuMarcMayJulySeptNove

MDL 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 0.8145, compared to 0.9889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1744 points.

H1 Avg (Jan–Jun) 0.8145

H2 Avg (Jul–Dec) 0.9889

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1223 ARS (High: 1.1205 / Low: 0.9981). On the other end, January was the most stable month, with a tight range of 0.0163 ARS (High: 0.7995 / Low: 0.7832).

December Spread (Volatile) ±0.1223

January Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between February and October, 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 January and February, when the average rate fell by 0.0111 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.0322) against the same month in 2016 (average: 0.7873), the exchange rate shifted by +0.2449 (+31.11%).

2017 Avg (December) 1.0322

2016 Avg (December) 0.7873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7995	0.7832	0.7920
February	0.7945	0.7680	0.7809
March	0.8032	0.7735	0.7886
April	0.8064	0.7857	0.7939
May	0.8895	0.7989	0.8474
June	0.9202	0.8726	0.8842
July	0.9858	0.9112	0.9481
August	0.9936	0.9545	0.9751
September	0.9988	0.9645	0.9754
October	1.0242	0.9861	1.0023
November	1.0167	0.9890	1.0004
December	1.1205	0.9981	1.0322