2023 ARS to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 0.4705 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |