2023 ARS to GMD Historical Review

YEARLY HIGH

0.3505 GMD

YEARLY LOW

0.0830 GMD

YEARLY AVERAGE

0.2368 GMD

2023 ARS to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3505. Conversely, the yearly low was recorded on December 31, dropping to 0.0830.

This high-to-low spread represents a total annual volatility of 0.2675 GMD. From a start-to-finish perspective, comparing the January average rate of 0.3408 to the December average rate of 0.1233, the exchange rate registered a net change of -63.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3505 was down 31.87% compared to the 2022 peak of 0.5145, 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 1,753 GMD

2022 Average 2,160 GMD

Yearly Trough Low 415 GMD

Transaction Impact: A difference of 1,337.46 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3626

0.1015

JanuMarcMayJulySeptNove

ARS to GMD 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 0.2915, compared to 0.1820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1095 points.

H1 Avg (Jan–Jun) 0.2915

H2 Avg (Jul–Dec) 0.1820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1036 GMD (High: 0.1867 / Low: 0.0830). On the other end, October was the most stable month, with a tight range of 0.0054 GMD (High: 0.1886 / Low: 0.1832).

December Spread (Volatile) ±0.1036

October Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between 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 0.0661 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3408) against the same month in 2022 (average: 0.5083), the exchange rate shifted by -0.1675 (-32.95%).

2023 Avg (January) 0.3408

2022 Avg (January) 0.5083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3505	0.3305	0.3408
February	0.3289	0.3099	0.3187
March	0.3090	0.2971	0.3032
April	0.2982	0.2707	0.2875
May	0.2708	0.2488	0.2592
June	0.2480	0.2322	0.2398
July	0.2336	0.2180	0.2246
August	0.2186	0.1730	0.1906
September	0.1858	0.1727	0.1767
October	0.1886	0.1832	0.1875
November	0.1925	0.1858	0.1894
December	0.1867	0.0830	0.1233