2017 PAB to ARS Historical Review

YEARLY HIGH

19.1810 ARS

YEARLY LOW

15.1176 ARS

YEARLY AVERAGE

16.5517 ARS

2017 PAB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PAB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 19.1810. Conversely, the yearly low was recorded on April 17, dropping to 15.1176.

This high-to-low spread represents a total annual volatility of 4.0634 ARS. From a start-to-finish perspective, comparing the January average rate of 15.8907 to the December average rate of 17.7297, the exchange rate registered a net change of 11.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 19.1810 was up 19.73% compared to the 2016 peak of 16.0208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,905 ARS

2016 Average 73,792 ARS

Yearly Trough Low 75,588 ARS

Transaction Impact: A difference of 20,317.10 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

17.9689

15.0992

JanuMarcMayJulySeptNove

PAB 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 15.6885, compared to 17.4150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7264 points.

H1 Avg (Jan–Jun) 15.6885

H2 Avg (Jul–Dec) 17.4150

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 1.9720 ARS (High: 19.1810 / Low: 17.2090). On the other end, January was the most stable month, with a tight range of 0.3382 ARS (High: 16.0690 / Low: 15.7308).

December Spread (Volatile) ±1.9720

January Spread (Stable) ±0.3382

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3117 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 17.7297) against the same month in 2016 (average: 15.8390), the exchange rate shifted by +1.8907 (+11.94%).

2017 Avg (December) 17.7297

2016 Avg (December) 15.8390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0690	15.7308	15.8907
February	15.7916	15.3640	15.5790
March	15.6285	15.2885	15.5185
April	15.4820	15.1176	15.3384
May	16.1830	15.2770	15.7067
June	16.6235	15.8650	16.0978
July	17.8080	16.4620	17.1669
August	17.7140	17.0200	17.4218
September	17.5660	16.9750	17.2335
October	17.6950	17.3260	17.4537
November	17.6495	17.3020	17.4842
December	19.1810	17.2090	17.7297