2018 MDL to ARS Historical Review

YEARLY HIGH

2.4416 ARS

YEARLY LOW

1.0756 ARS

YEARLY AVERAGE

1.6664 ARS

2018 MDL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.4416. Conversely, the yearly low was recorded on January 2, dropping to 1.0756.

This high-to-low spread represents a total annual volatility of 1.3660 ARS. From a start-to-finish perspective, comparing the January average rate of 1.1216 to the December average rate of 2.2011, the exchange rate registered a net change of 96.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4416 was up 117.91% compared to the 2017 peak of 1.1205, 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 12,208 ARS

2017 Average 4,513 ARS

Yearly Trough Low 5,378 ARS

Transaction Impact: A difference of 6,830.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4121

1.0043

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 1.2921, compared to 2.0407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7486 points.

H1 Avg (Jan–Jun) 1.2921

H2 Avg (Jul–Dec) 2.0407

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.6646 ARS (High: 2.3111 / Low: 1.6465). On the other end, April was the most stable month, with a tight range of 0.0187 ARS (High: 1.2417 / Low: 1.2230).

August Spread (Volatile) ±0.6646

April Spread (Stable) ±0.0187

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 0.1183 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.2948) against the same month in 2017 (average: 0.9754), the exchange rate shifted by +1.3194 (+135.27%).

2018 Avg (September) 2.2948

2017 Avg (September) 0.9754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1783	1.0756	1.1216
February	1.2132	1.1545	1.1893
March	1.2306	1.2092	1.2201
April	1.2417	1.2230	1.2306
May	1.5148	1.2479	1.4116
June	1.7102	1.4717	1.5794
July	1.7178	1.6297	1.6526
August	2.3111	1.6465	1.7949
September	2.4416	2.1982	2.2948
October	2.3298	2.0999	2.1764
November	2.2685	2.0699	2.1245
December	2.2620	2.1370	2.2011