2023 ARS to LRD Historical Review

YEARLY HIGH

0.8742 LRD

YEARLY LOW

0.2325 LRD

YEARLY AVERAGE

0.6553 LRD

2023 ARS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8742. Conversely, the yearly low was recorded on December 31, dropping to 0.2325.

This high-to-low spread represents a total annual volatility of 0.6418 LRD. From a start-to-finish perspective, comparing the January average rate of 0.8537 to the December average rate of 0.3444, the exchange rate registered a net change of -59.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8742 was down 39.94% compared to the 2022 peak of 1.4556, 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 4,371 LRD

2022 Average 5,999 LRD

Yearly Trough Low 1,162 LRD

Transaction Impact: A difference of 3,208.86 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9046

0.2935

JanuMarcMayJulySeptNove

ARS to LRD 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 0.7739, compared to 0.5368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2371 points.

H1 Avg (Jan–Jun) 0.7739

H2 Avg (Jul–Dec) 0.5368

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2892 LRD (High: 0.5217 / Low: 0.2325). On the other end, September was the most stable month, with a tight range of 0.0019 LRD (High: 0.5334 / Low: 0.5314).

December Spread (Volatile) ±0.2892

September Spread (Stable) ±0.0019

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 0.1873 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8537) against the same month in 2022 (average: 1.4380), the exchange rate shifted by -0.5843 (-40.63%).

2023 Avg (January) 0.8537

2022 Avg (January) 1.4380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8742	0.8382	0.8537
February	0.8378	0.7854	0.8161
March	0.8081	0.7474	0.7877
April	0.7788	0.7395	0.7582
May	0.7453	0.7049	0.7239
June	0.7083	0.6977	0.7037
July	0.7065	0.6771	0.6917
August	0.6753	0.5312	0.5863
September	0.5334	0.5314	0.5326
October	0.5358	0.5312	0.5339
November	0.5400	0.5217	0.5317
December	0.5217	0.2325	0.3444