2017 VEF to ARS Historical Review

YEARLY HIGH

1.9183 ARS

YEARLY LOW

1.4887 ARS

YEARLY AVERAGE

1.6386 ARS

2017 VEF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.9183. Conversely, the yearly low was recorded on April 17, dropping to 1.4887.

This high-to-low spread represents a total annual volatility of 0.4296 ARS. From a start-to-finish perspective, comparing the January average rate of 1.5908 to the December average rate of 1.7226, the exchange rate registered a net change of 8.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9183 was down 23.21% compared to the 2016 peak of 2.4982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,591 ARS

2016 Average 8,435 ARS

Yearly Trough Low 7,443 ARS

Transaction Impact: A difference of 2,147.89 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7471

1.5054

JanuMarcMayJulySeptNove

VEF 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 1.5655, compared to 1.7117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1462 points.

H1 Avg (Jan–Jun) 1.5655

H2 Avg (Jul–Dec) 1.7117

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.3123 ARS (High: 1.9183 / Low: 1.6060). On the other end, January was the most stable month, with a tight range of 0.0295 ARS (High: 1.6109 / Low: 1.5814).

December Spread (Volatile) ±0.3123

January Spread (Stable) ±0.0295

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 October and November, 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: 1.7226) against the same month in 2016 (average: 1.5860), the exchange rate shifted by +0.1365 (+8.61%).

2017 Avg (December) 1.7226

2016 Avg (December) 1.5860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6109	1.5814	1.5908
February	1.5802	1.5387	1.5590
March	1.5652	1.5304	1.5537
April	1.5502	1.4887	1.5255
May	1.6098	1.5117	1.5595
June	1.6419	1.5841	1.6042
July	1.7581	1.6259	1.7005
August	1.7563	1.6585	1.7169
September	1.7575	1.6780	1.7116
October	1.7635	1.6652	1.7269
November	1.7651	1.5948	1.6915
December	1.9183	1.6060	1.7226