YEARLY HIGH
0.0057 BMD
YEARLY LOW
0.0012 BMD
YEARLY AVERAGE
0.0038 BMD

2023 ARS to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0057. Conversely, the yearly low was recorded on December 31, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0044 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0018, the exchange rate registered a net change of -66.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0057 was down 41.91% compared to the 2022 peak of 0.0097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 BMD
2022 Average 39 BMD
Yearly Trough Low 6 BMD
Transaction Impact: A difference of 22.13 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059
0.0015
JanuMarcMayJulySeptNove

ARS to BMD 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 0.0048, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0015 BMD (High: 0.0028 / Low: 0.0012). On the other end, September was the most stable month, with a tight range of 0.0000 BMD (High: 0.0029 / Low: 0.0029).

December Spread (Volatile) ±0.0015
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0055) against the same month in 2022 (average: 0.0096), the exchange rate shifted by -0.0041 (-42.92%).

2023 Avg (January) 0.0055
2022 Avg (January) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0053 0.0055
February 0.0053 0.0051 0.0052
March 0.0051 0.0048 0.0049
April 0.0048 0.0045 0.0046
May 0.0045 0.0042 0.0043
June 0.0042 0.0039 0.0040
July 0.0039 0.0036 0.0038
August 0.0036 0.0029 0.0031
September 0.0029 0.0029 0.0029
October 0.0029 0.0028 0.0029
November 0.0029 0.0028 0.0028
December 0.0028 0.0012 0.0018