2023 ARS to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 236.8039. Conversely, the yearly low was recorded on December 30, dropping to 51.9049.
This high-to-low spread represents a total annual volatility of 184.8990 IRR. From a start-to-finish perspective, comparing the January average rate of 230.4096 to the December average rate of 77.3063, the exchange rate registered a net change of -66.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 236.8039 was down 42.49% compared to the 2022 peak of 411.7811, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ARS to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 201.4942, compared to 121.7545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.7397 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 65.2368 IRR (High: 117.1417 / Low: 51.9049). On the other end, September was the most stable month, with a tight range of 0.2684 IRR (High: 120.9360 / Low: 120.6676).
Growth Streaks & Declines
TrendsNo 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 42.3327 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 230.4096) against the same month in 2022 (average: 406.7922), the exchange rate shifted by -176.3826 (-43.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 236.8039 | 225.6969 | 230.4096 |
| February | 225.3667 | 214.5621 | 220.1910 |
| March | 213.8560 | 202.3469 | 208.2428 |
| April | 202.8653 | 190.4142 | 196.4356 |
| May | 190.1489 | 176.6429 | 183.2672 |
| June | 176.1278 | 164.7163 | 170.4188 |
| July | 165.7146 | 153.6589 | 159.0694 |
| August | 153.2027 | 120.6567 | 133.0436 |
| September | 120.9360 | 120.6676 | 120.7582 |
| October | 120.8843 | 120.1727 | 120.7103 |
| November | 121.6208 | 117.2081 | 119.6389 |
| December | 117.1417 | 51.9049 | 77.3063 |