YEARLY HIGH
0.0090 NZD
YEARLY LOW
0.0020 NZD
YEARLY AVERAGE
0.0062 NZD

2023 ARS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0090. Conversely, the yearly low was recorded on December 27, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0070 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0029, the exchange rate registered a net change of -65.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0090 was down 38.50% compared to the 2022 peak of 0.0146, 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 45 NZD
2022 Average 62 NZD
Yearly Trough Low 10 NZD
Transaction Impact: A difference of 35.12 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091
0.0024
JanuMarcMayJulySeptNove

ARS to NZD 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 0.0076, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0076
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0025 NZD (High: 0.0045 / Low: 0.0020). On the other end, September was the most stable month, with a tight range of 0.0001 NZD (High: 0.0049 / Low: 0.0048).

December Spread (Volatile) ±0.0025
September Spread (Stable) ±0.0001

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 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0086) against the same month in 2022 (average: 0.0143), the exchange rate shifted by -0.0057 (-39.93%).

2023 Avg (January) 0.0086
2022 Avg (January) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0083 0.0086
February 0.0084 0.0082 0.0083
March 0.0082 0.0076 0.0080
April 0.0077 0.0073 0.0075
May 0.0073 0.0068 0.0070
June 0.0069 0.0064 0.0066
July 0.0064 0.0059 0.0061
August 0.0059 0.0048 0.0052
September 0.0049 0.0048 0.0048
October 0.0049 0.0047 0.0048
November 0.0049 0.0045 0.0047
December 0.0045 0.0020 0.0029