2017 SVC to ARS Historical Review

YEARLY HIGH

2.1928 ARS

YEARLY LOW

1.7257 ARS

YEARLY AVERAGE

1.8921 ARS

2017 SVC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.1928. Conversely, the yearly low was recorded on April 17, dropping to 1.7257.

This high-to-low spread represents a total annual volatility of 0.4671 ARS. From a start-to-finish perspective, comparing the January average rate of 1.8160 to the December average rate of 2.0256, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1928 was up 19.63% compared to the 2016 peak of 1.8330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,964 ARS

2016 Average 8,439 ARS

Yearly Trough Low 8,628 ARS

Transaction Impact: A difference of 2,335.60 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0530

1.7240

JanuMarcMayJulySeptNove

SVC 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 1.7933, compared to 1.9908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1975 points.

H1 Avg (Jan–Jun) 1.7933

H2 Avg (Jul–Dec) 1.9908

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2266 ARS (High: 2.1928 / Low: 1.9662). On the other end, January was the most stable month, with a tight range of 0.0387 ARS (High: 1.8365 / Low: 1.7978).

December Spread (Volatile) ±0.2266

January Spread (Stable) ±0.0387

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 0.0366 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.0256) against the same month in 2016 (average: 1.8107), the exchange rate shifted by +0.2150 (+11.87%).

2017 Avg (December) 2.0256

2016 Avg (December) 1.8107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8365	1.7978	1.8160
February	1.8048	1.7600	1.7794
March	1.7960	1.7533	1.7753
April	1.7730	1.7257	1.7514
May	1.8513	1.7421	1.7966
June	1.9034	1.8136	1.8413
July	2.0424	1.8849	1.9650
August	2.0343	1.9487	1.9935
September	2.0078	1.9395	1.9679
October	2.0245	1.9795	1.9940
November	2.0201	1.9726	1.9987
December	2.1928	1.9662	2.0256