2017 STD to ARS Historical Review

YEARLY HIGH

0.0009 ARS

YEARLY LOW

0.0007 ARS

YEARLY AVERAGE

0.0008 ARS

2017 STD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the STD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0009. Conversely, the yearly low was recorded on April 17, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0003 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0009, the exchange rate registered a net change of 24.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0009 was up 32.01% compared to the 2016 peak of 0.0007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 ARS

2016 Average 3 ARS

Yearly Trough Low 3 ARS

Transaction Impact: A difference of 1.40 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0009

0.0007

JanuMarcMayJulySeptNove

STD 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 0.0007, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0007

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0001 ARS (High: 0.0009 / Low: 0.0008). On the other end, November was the most stable month, with a tight range of 0.0000 ARS (High: 0.0008 / Low: 0.0008).

December Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0009) against the same month in 2016 (average: 0.0007), the exchange rate shifted by +0.0002 (+25.95%).

2017 Avg (December) 0.0009

2016 Avg (December) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0007	0.0007	0.0007
February	0.0007	0.0007	0.0007
March	0.0007	0.0007	0.0007
April	0.0007	0.0007	0.0007
May	0.0007	0.0007	0.0007
June	0.0008	0.0007	0.0007
July	0.0009	0.0008	0.0008
August	0.0009	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0009	0.0008	0.0009