2023 ARS to HNL Historical Review

YEARLY HIGH

0.1397 HNL

YEARLY LOW

0.0305 HNL

YEARLY AVERAGE

0.0944 HNL

2023 ARS to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1397. Conversely, the yearly low was recorded on December 31, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.1092 HNL. From a start-to-finish perspective, comparing the January average rate of 0.1355 to the December average rate of 0.0452, 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 0.1397 was down 41.27% compared to the 2022 peak of 0.2379, 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 699 HNL

2022 Average 966 HNL

Yearly Trough Low 152 HNL

Transaction Impact: A difference of 546.24 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1446

0.0362

JanuMarcMayJulySeptNove

ARS to HNL 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 0.1177, compared to 0.0711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0466 points.

H1 Avg (Jan–Jun) 0.1177

H2 Avg (Jul–Dec) 0.0711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0380 HNL (High: 0.0684 / Low: 0.0305). On the other end, October was the most stable month, with a tight range of 0.0008 HNL (High: 0.0710 / Low: 0.0702).

December Spread (Volatile) ±0.0380

October Spread (Stable) ±0.0008

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 0.0246 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1355) against the same month in 2022 (average: 0.2360), the exchange rate shifted by -0.1005 (-42.57%).

2023 Avg (January) 0.1355

2022 Avg (January) 0.2360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1397	0.1319	0.1355
February	0.1326	0.1251	0.1286
March	0.1248	0.1182	0.1216
April	0.1183	0.1099	0.1143
May	0.1109	0.1029	0.1068
June	0.1028	0.0964	0.0995
July	0.0964	0.0894	0.0927
August	0.0892	0.0702	0.0775
September	0.0713	0.0703	0.0708
October	0.0710	0.0702	0.0706
November	0.0708	0.0685	0.0699
December	0.0684	0.0305	0.0452