YEARLY HIGH
0.0077 CAD
YEARLY LOW
0.0016 CAD
YEARLY AVERAGE
0.0052 CAD

2023 ARS to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0077. Conversely, the yearly low was recorded on December 31, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0060 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0025, the exchange rate registered a net change of -66.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0077 was down 38.10% compared to the 2022 peak of 0.0124, 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 38 CAD
2022 Average 51 CAD
Yearly Trough Low 8 CAD
Transaction Impact: A difference of 30.16 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0079
0.0020
JanuMarcMayJulySeptNove

ARS to CAD 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 0.0064, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0021 CAD (High: 0.0037 / Low: 0.0016). On the other end, September was the most stable month, with a tight range of 0.0001 CAD (High: 0.0039 / Low: 0.0038).

December Spread (Volatile) ±0.0021
September 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 0.0014 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0074) against the same month in 2022 (average: 0.0122), the exchange rate shifted by -0.0048 (-39.33%).

2023 Avg (January) 0.0074
2022 Avg (January) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0077 0.0071 0.0074
February 0.0072 0.0069 0.0070
March 0.0069 0.0065 0.0068
April 0.0065 0.0061 0.0063
May 0.0061 0.0057 0.0059
June 0.0056 0.0052 0.0054
July 0.0052 0.0048 0.0050
August 0.0048 0.0038 0.0042
September 0.0039 0.0038 0.0039
October 0.0040 0.0039 0.0039
November 0.0040 0.0038 0.0039
December 0.0037 0.0016 0.0025