YEARLY HIGH
0.1103 MXN
YEARLY LOW
0.0209 MXN
YEARLY AVERAGE
0.0685 MXN

2023 ARS to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1103. Conversely, the yearly low was recorded on December 31, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0894 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1042 to the December average rate of 0.0315, the exchange rate registered a net change of -69.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1103 was down 44.73% compared to the 2022 peak of 0.1996, 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 552 MXN
2022 Average 791 MXN
Yearly Trough Low 105 MXN
Transaction Impact: A difference of 446.94 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1115
0.0242
JanuMarcMayJulySeptNove

ARS to MXN 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 0.0871, compared to 0.0498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0372 points.

H1 Avg (Jan–Jun) 0.0871
H2 Avg (Jul–Dec) 0.0498

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0273 MXN (High: 0.0482 / Low: 0.0209). On the other end, September was the most stable month, with a tight range of 0.0018 MXN (High: 0.0505 / Low: 0.0488).

December Spread (Volatile) ±0.0273
September Spread (Stable) ±0.0018

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 0.0177 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1042) against the same month in 2022 (average: 0.1973), the exchange rate shifted by -0.0931 (-47.19%).

2023 Avg (January) 0.1042
2022 Avg (January) 0.1973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1103 0.1006 0.1042
February 0.1014 0.0928 0.0970
March 0.0945 0.0865 0.0909
April 0.0867 0.0813 0.0840
May 0.0807 0.0739 0.0769
June 0.0731 0.0668 0.0695
July 0.0672 0.0609 0.0637
August 0.0623 0.0478 0.0535
September 0.0505 0.0488 0.0494
October 0.0524 0.0495 0.0517
November 0.0508 0.0477 0.0492
December 0.0482 0.0209 0.0315