2023 ARS to DJF Historical Review

YEARLY HIGH

1.0059 DJF

YEARLY LOW

0.2200 DJF

YEARLY AVERAGE

0.6809 DJF

2023 ARS to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0059. Conversely, the yearly low was recorded on December 31, dropping to 0.2200.

This high-to-low spread represents a total annual volatility of 0.7858 DJF. From a start-to-finish perspective, comparing the January average rate of 0.9766 to the December average rate of 0.3259, the exchange rate registered a net change of -66.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0059 was down 41.99% compared to the 2022 peak of 1.7338, 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 5,029 DJF

2022 Average 6,993 DJF

Yearly Trough Low 1,100 DJF

Transaction Impact: A difference of 3,929.19 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0417

0.2609

JanuMarcMayJulySeptNove

ARS to DJF 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 0.8494, compared to 0.5124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3370 points.

H1 Avg (Jan–Jun) 0.8494

H2 Avg (Jul–Dec) 0.5124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2738 DJF (High: 0.4938 / Low: 0.2200). On the other end, October was the most stable month, with a tight range of 0.0038 DJF (High: 0.5104 / Low: 0.5066).

December Spread (Volatile) ±0.2738

October Spread (Stable) ±0.0038

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 0.1770 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9766) against the same month in 2022 (average: 1.7120), the exchange rate shifted by -0.7353 (-42.95%).

2023 Avg (January) 0.9766

2022 Avg (January) 1.7120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0059	0.9511	0.9766
February	0.9572	0.9022	0.9283
March	0.9003	0.8526	0.8774
April	0.8533	0.7955	0.8257
May	0.8001	0.7427	0.7711
June	0.7413	0.6933	0.7175
July	0.6939	0.6465	0.6690
August	0.6448	0.5079	0.5598
September	0.5116	0.5069	0.5088
October	0.5104	0.5066	0.5082
November	0.5093	0.4933	0.5029
December	0.4938	0.2200	0.3259