YEARLY HIGH
2.6190 KZT
YEARLY LOW
0.5646 KZT
YEARLY AVERAGE
1.7433 KZT

2023 ARS to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.6190. Conversely, the yearly low was recorded on December 28, dropping to 0.5646.

This high-to-low spread represents a total annual volatility of 2.0544 KZT. From a start-to-finish perspective, comparing the January average rate of 2.5417 to the December average rate of 0.8409, the exchange rate registered a net change of -66.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6190 was down 45.73% compared to the 2022 peak of 4.8256, 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 13,095 KZT
2022 Average 18,090 KZT
Yearly Trough Low 2,823 KZT
Transaction Impact: A difference of 10,272.07 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7118
0.6708
JanuMarcMayJulySeptNove

ARS to KZT 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 2.1611, compared to 1.3254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8356 points.

H1 Avg (Jan–Jun) 2.1611
H2 Avg (Jul–Dec) 1.3254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.7149 KZT (High: 1.2795 / Low: 0.5646). On the other end, October was the most stable month, with a tight range of 0.0311 KZT (High: 1.3709 / Low: 1.3399).

December Spread (Volatile) ±0.7149
October Spread (Stable) ±0.0311

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 0.4705 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5417) against the same month in 2022 (average: 4.1906), the exchange rate shifted by -1.6489 (-39.35%).

2023 Avg (January) 2.5417
2022 Avg (January) 4.1906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6190 2.4628 2.5417
February 2.4628 2.2573 2.3551
March 2.2924 2.1482 2.2281
April 2.1826 2.0134 2.0990
May 2.0283 1.8648 1.9341
June 1.8678 1.7604 1.8084
July 1.7604 1.6167 1.6761
August 1.6100 1.2870 1.4238
September 1.3713 1.3086 1.3393
October 1.3709 1.3399 1.3612
November 1.3425 1.2748 1.3114
December 1.2795 0.5646 0.8409