2023 ARS to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 81.4472. Conversely, the yearly low was recorded on February 2, dropping to 8.0430.
This high-to-low spread represents a total annual volatility of 73.4042 LBP. From a start-to-finish perspective, comparing the January average rate of 8.3293 to the December average rate of 27.5425, the exchange rate registered a net change of 230.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 81.4472 was up 452.79% compared to the 2022 peak of 14.7337, 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 LBP 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 57.5261, compared to 43.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.1804 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 73.4042 LBP (High: 81.4472 / Low: 8.0430). On the other end, October was the most stable month, with a tight range of 0.3225 LBP (High: 43.0847 / Low: 42.7622).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 14.9407 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 65.8298) against the same month in 2022 (average: 14.2343), the exchange rate shifted by +51.5955 (+362.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5800 | 8.0854 | 8.3293 |
| February | 81.4472 | 8.0430 | 65.8298 |
| March | 76.8281 | 72.1573 | 74.4548 |
| April | 72.7332 | 67.2068 | 70.1740 |
| May | 68.5884 | 62.9899 | 65.4065 |
| June | 62.9173 | 58.5355 | 60.9620 |
| July | 58.5355 | 54.7353 | 56.7286 |
| August | 54.8885 | 42.8695 | 47.3836 |
| September | 43.3857 | 42.8758 | 43.0230 |
| October | 43.0847 | 42.7622 | 42.9134 |
| November | 42.9915 | 41.6995 | 42.4832 |
| December | 41.6836 | 18.5729 | 27.5425 |