YEARLY HIGH
0.0088 CNY
YEARLY LOW
0.0071 CNY
YEARLY AVERAGE
0.0079 CNY

2024 ARS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0088. Conversely, the yearly low was recorded on December 31, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0017 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0071, the exchange rate registered a net change of -17.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0088 was down 77.45% compared to the 2023 peak of 0.0390, 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 44 CNY
2023 Average 134 CNY
Yearly Trough Low 35 CNY
Transaction Impact: A difference of 8.61 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0089
0.0070
JanuMarcMayJulySeptNove

ARS to CNY 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 0.0084, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 CNY (High: 0.0083 / Low: 0.0079). On the other end, October was the most stable month, with a tight range of 0.0001 CNY (High: 0.0073 / Low: 0.0072).

May Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0087) against the same month in 2023 (average: 0.0373), the exchange rate shifted by -0.0286 (-76.70%).

2024 Avg (January) 0.0087
2023 Avg (January) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0088 0.0086 0.0087
February 0.0087 0.0085 0.0086
March 0.0085 0.0084 0.0085
April 0.0084 0.0082 0.0083
May 0.0083 0.0079 0.0081
June 0.0081 0.0078 0.0080
July 0.0080 0.0077 0.0079
August 0.0078 0.0075 0.0076
September 0.0075 0.0072 0.0074
October 0.0073 0.0072 0.0072
November 0.0073 0.0072 0.0072
December 0.0072 0.0071 0.0071