2023 ARS to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.5603. Conversely, the yearly low was recorded on December 26, dropping to 3.3341.
This high-to-low spread represents a total annual volatility of 8.2261 CDF. From a start-to-finish perspective, comparing the January average rate of 11.2565 to the December average rate of 4.9759, the exchange rate registered a net change of -55.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 11.5603 was down 40.72% compared to the 2022 peak of 19.5004, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ARS to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.1483, compared to 7.2594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8889 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 4.2162 CDF (High: 7.5503 / Low: 3.3341). On the other end, September was the most stable month, with a tight range of 0.1298 CDF (High: 7.1523 / Low: 7.0225).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.2237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 11.2565) against the same month in 2022 (average: 19.3024), the exchange rate shifted by -8.0460 (-41.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5603 | 10.9952 | 11.2565 |
| February | 11.0018 | 10.4633 | 10.7569 |
| March | 10.4520 | 9.8182 | 10.2128 |
| April | 9.8704 | 9.4385 | 9.6719 |
| May | 9.9184 | 8.8660 | 9.4786 |
| June | 9.6918 | 9.3204 | 9.5129 |
| July | 9.4777 | 9.0024 | 9.2954 |
| August | 8.9830 | 7.0130 | 7.7919 |
| September | 7.1523 | 7.0225 | 7.0986 |
| October | 7.4207 | 7.0616 | 7.1948 |
| November | 7.5610 | 6.9154 | 7.1996 |
| December | 7.5503 | 3.3341 | 4.9759 |