2017 SBD to ARS Historical Review

YEARLY HIGH

2.4729 ARS

YEARLY LOW

1.9259 ARS

YEARLY AVERAGE

2.1193 ARS

2017 SBD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SBD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.4729. Conversely, the yearly low was recorded on April 13, dropping to 1.9259.

This high-to-low spread represents a total annual volatility of 0.5470 ARS. From a start-to-finish perspective, comparing the January average rate of 2.0222 to the December average rate of 2.2804, the exchange rate registered a net change of 12.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4729 was up 20.42% compared to the 2016 peak of 2.0535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,364 ARS

2016 Average 9,328 ARS

Yearly Trough Low 9,630 ARS

Transaction Impact: A difference of 2,734.76 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3122

1.9297

JanuMarcMayJulySeptNove

SBD 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 2.0032, compared to 2.2354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2322 points.

H1 Avg (Jan–Jun) 2.0032

H2 Avg (Jul–Dec) 2.2354

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2746 ARS (High: 2.4729 / Low: 2.1983). On the other end, January was the most stable month, with a tight range of 0.0399 ARS (High: 2.0382 / Low: 1.9983).

December Spread (Volatile) ±0.2746

January Spread (Stable) ±0.0399

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 March and April, when the average rate fell by 0.0354 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.2804) against the same month in 2016 (average: 2.0076), the exchange rate shifted by +0.2727 (+13.58%).

2017 Avg (December) 2.2804

2016 Avg (December) 2.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0382	1.9983	2.0222
February	2.0240	1.9751	2.0010
March	2.0134	1.9688	1.9970
April	1.9938	1.9259	1.9616
May	2.0491	1.9444	1.9936
June	2.1116	2.0086	2.0435
July	2.2933	2.0911	2.1939
August	2.3099	2.1792	2.2503
September	2.2629	2.1720	2.2197
October	2.2662	2.2119	2.2346
November	2.2648	2.1844	2.2332
December	2.4729	2.1983	2.2804