2023 AFN to ARS Historical Review

YEARLY HIGH

11.5559 ARS

YEARLY LOW

1.9969 ARS

YEARLY AVERAGE

3.7053 ARS

2023 AFN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 11.5559. Conversely, the yearly low was recorded on January 2, dropping to 1.9969.

This high-to-low spread represents a total annual volatility of 9.5590 ARS. From a start-to-finish perspective, comparing the January average rate of 2.0487 to the December average rate of 9.0263, the exchange rate registered a net change of 340.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.5559 was up 470.83% compared to the 2022 peak of 2.0244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,779 ARS

2022 Average 7,308 ARS

Yearly Trough Low 9,985 ARS

Transaction Impact: A difference of 47,794.77 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7241

1.3509

JanuMarcMayJulySeptNove

AFN 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 2.4142, compared to 4.9963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5821 points.

H1 Avg (Jan–Jun) 2.4142

H2 Avg (Jul–Dec) 4.9963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 6.4366 ARS (High: 11.5559 / Low: 5.1192). On the other end, January was the most stable month, with a tight range of 0.1055 ARS (High: 2.1024 / Low: 1.9969).

December Spread (Volatile) ±6.4366

January Spread (Stable) ±0.1055

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9.0263) against the same month in 2022 (average: 1.9701), the exchange rate shifted by +7.0561 (+358.15%).

2023 Avg (December) 9.0263

2022 Avg (December) 1.9701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1024	1.9969	2.0487
February	2.2419	2.0710	2.1395
March	2.4348	2.2120	2.3126
April	2.5759	2.3709	2.4843
May	2.7326	2.5556	2.6377
June	2.9874	2.7475	2.8624
July	3.2085	2.9138	3.0673
August	4.3097	3.1880	3.8104
September	4.7727	4.2925	4.4914
October	4.7735	4.4642	4.6349
November	5.2001	4.6956	4.9479
December	11.5559	5.1192	9.0263