2023 ARS to HKD Historical Review

YEARLY HIGH

0.0442 HKD

YEARLY LOW

0.0096 HKD

YEARLY AVERAGE

0.0300 HKD

2023 ARS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0442. Conversely, the yearly low was recorded on December 31, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0345 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0430 to the December average rate of 0.0143, the exchange rate registered a net change of -66.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0442 was down 41.86% compared to the 2022 peak of 0.0759, 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 221 HKD

2022 Average 308 HKD

Yearly Trough Low 48 HKD

Transaction Impact: A difference of 172.60 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0458

0.0114

JanuMarcMayJulySeptNove

ARS to HKD 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 0.0374, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.0374

H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0120 HKD (High: 0.0217 / Low: 0.0096). On the other end, September was the most stable month, with a tight range of 0.0001 HKD (High: 0.0224 / Low: 0.0223).

December Spread (Volatile) ±0.0120

September 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 0.0078 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0430) against the same month in 2022 (average: 0.0750), the exchange rate shifted by -0.0320 (-42.71%).

2023 Avg (January) 0.0430

2022 Avg (January) 0.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0442	0.0419	0.0430
February	0.0419	0.0398	0.0409
March	0.0397	0.0376	0.0388
April	0.0377	0.0354	0.0365
May	0.0353	0.0327	0.0340
June	0.0326	0.0306	0.0316
July	0.0307	0.0283	0.0294
August	0.0282	0.0223	0.0246
September	0.0224	0.0223	0.0224
October	0.0224	0.0223	0.0224
November	0.0225	0.0217	0.0221
December	0.0217	0.0096	0.0143