YEARLY HIGH
0.0053 EUR
YEARLY LOW
0.0011 EUR
YEARLY AVERAGE
0.0035 EUR

2023 ARS to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0053. Conversely, the yearly low was recorded on December 27, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0042 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0017, the exchange rate registered a net change of -67.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0053 was down 38.15% compared to the 2022 peak of 0.0086, 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 27 EUR
2022 Average 37 EUR
Yearly Trough Low 6 EUR
Transaction Impact: A difference of 21.01 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0054
0.0013
JanuMarcMayJulySeptNove

ARS to EUR 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 0.0044, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0014 EUR (High: 0.0026 / Low: 0.0011). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.0027 / Low: 0.0027).

December Spread (Volatile) ±0.0014
October 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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0051) against the same month in 2022 (average: 0.0085), the exchange rate shifted by -0.0034 (-40.08%).

2023 Avg (January) 0.0051
2022 Avg (January) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0053 0.0049 0.0051
February 0.0049 0.0048 0.0049
March 0.0048 0.0044 0.0046
April 0.0044 0.0041 0.0042
May 0.0041 0.0039 0.0040
June 0.0039 0.0036 0.0037
July 0.0036 0.0033 0.0034
August 0.0033 0.0026 0.0029
September 0.0027 0.0026 0.0027
October 0.0027 0.0027 0.0027
November 0.0027 0.0025 0.0026
December 0.0026 0.0011 0.0017