2023 ARS to PEN Historical Review

YEARLY HIGH

0.0215 PEN

YEARLY LOW

0.0046 PEN

YEARLY AVERAGE

0.0143 PEN

2023 ARS to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0215. Conversely, the yearly low was recorded on December 31, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0169 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0068, the exchange rate registered a net change of -67.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0215 was down 44.77% compared to the 2022 peak of 0.0389, 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 107 PEN

2022 Average 150 PEN

Yearly Trough Low 23 PEN

Transaction Impact: A difference of 84.53 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0224

0.0054

JanuMarcMayJulySeptNove

ARS to PEN 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 0.0180, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.0180

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0058 PEN (High: 0.0104 / Low: 0.0046). On the other end, October was the most stable month, with a tight range of 0.0003 PEN (High: 0.0111 / Low: 0.0108).

December Spread (Volatile) ±0.0058

October Spread (Stable) ±0.0003

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 0.0038 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0210) against the same month in 2022 (average: 0.0375), the exchange rate shifted by -0.0165 (-43.96%).

2023 Avg (January) 0.0210

2022 Avg (January) 0.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0215	0.0205	0.0210
February	0.0206	0.0193	0.0200
March	0.0192	0.0180	0.0187
April	0.0181	0.0166	0.0175
May	0.0167	0.0153	0.0160
June	0.0153	0.0141	0.0147
July	0.0142	0.0131	0.0136
August	0.0133	0.0105	0.0116
September	0.0109	0.0106	0.0106
October	0.0111	0.0108	0.0110
November	0.0109	0.0103	0.0107
December	0.0104	0.0046	0.0068