2023 ARS to BOB Historical Review

YEARLY HIGH

0.0391 BOB

YEARLY LOW

0.0085 BOB

YEARLY AVERAGE

0.0265 BOB

2023 ARS to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0391. Conversely, the yearly low was recorded on December 31, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0306 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0380 to the December average rate of 0.0127, the exchange rate registered a net change of -66.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0391 was down 41.79% compared to the 2022 peak of 0.0672, 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 196 BOB

2022 Average 271 BOB

Yearly Trough Low 43 BOB

Transaction Impact: A difference of 152.81 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0405

0.0101

JanuMarcMayJulySeptNove

ARS to BOB 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 0.0330, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.0330

H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0106 BOB (High: 0.0192 / Low: 0.0085). On the other end, October was the most stable month, with a tight range of 0.0001 BOB (High: 0.0198 / Low: 0.0197).

December Spread (Volatile) ±0.0106

October Spread (Stable) ±0.0001

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 0.0069 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0380) against the same month in 2022 (average: 0.0663), the exchange rate shifted by -0.0283 (-42.75%).

2023 Avg (January) 0.0380

2022 Avg (January) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0391	0.0370	0.0380
February	0.0371	0.0350	0.0360
March	0.0350	0.0331	0.0341
April	0.0331	0.0311	0.0321
May	0.0311	0.0288	0.0299
June	0.0288	0.0269	0.0279
July	0.0269	0.0252	0.0260
August	0.0250	0.0197	0.0217
September	0.0198	0.0197	0.0197
October	0.0198	0.0197	0.0197
November	0.0198	0.0192	0.0195
December	0.0192	0.0085	0.0127