2023 ARS to CRC Historical Review

YEARLY HIGH

3.3482 CRC

YEARLY LOW

0.6420 CRC

YEARLY AVERAGE

2.0869 CRC

2023 ARS to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.3482. Conversely, the yearly low was recorded on December 31, dropping to 0.6420.

This high-to-low spread represents a total annual volatility of 2.7062 CRC. From a start-to-finish perspective, comparing the January average rate of 3.1591 to the December average rate of 0.9631, the exchange rate registered a net change of -69.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.3482 was down 46.46% compared to the 2022 peak of 6.2543, 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 16,741 CRC

2022 Average 25,437 CRC

Yearly Trough Low 3,210 CRC

Transaction Impact: A difference of 13,531.16 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.3787

0.7435

JanuMarcMayJulySeptNove

ARS to CRC 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 2.6331, compared to 1.5406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0925 points.

H1 Avg (Jan–Jun) 2.6331

H2 Avg (Jul–Dec) 1.5406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.8257 CRC (High: 1.4677 / Low: 0.6420). On the other end, October was the most stable month, with a tight range of 0.0186 CRC (High: 1.5321 / Low: 1.5136).

December Spread (Volatile) ±0.8257

October Spread (Stable) ±0.0186

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 0.5388 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.5388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.1591) against the same month in 2022 (average: 6.1495), the exchange rate shifted by -2.9904 (-48.63%).

2023 Avg (January) 3.1591

2022 Avg (January) 6.1495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3482	2.9536	3.1591
February	3.0591	2.8394	2.9477
March	2.8261	2.5890	2.6951
April	2.5890	2.3992	2.4899
May	2.4442	2.2536	2.3303
June	2.2453	2.1166	2.1766
July	2.1166	1.9618	2.0341
August	1.9733	1.5224	1.6942
September	1.5428	1.5140	1.5307
October	1.5321	1.5136	1.5196
November	1.5256	1.4697	1.5019
December	1.4677	0.6420	0.9631