2023 ARS to SGD Historical Review

YEARLY HIGH

0.0076 SGD

YEARLY LOW

0.0016 SGD

YEARLY AVERAGE

0.0051 SGD

2023 ARS to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0076. Conversely, the yearly low was recorded on December 31, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0060 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0024, the exchange rate registered a net change of -66.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0076 was down 42.55% compared to the 2022 peak of 0.0132, 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 38 SGD

2022 Average 54 SGD

Yearly Trough Low 8 SGD

Transaction Impact: A difference of 29.77 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0078

0.0020

JanuMarcMayJulySeptNove

ARS to SGD 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 0.0064, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0021 SGD (High: 0.0037 / Low: 0.0016). On the other end, October was the most stable month, with a tight range of 0.0000 SGD (High: 0.0039 / Low: 0.0039).

December Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0000

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 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0073) against the same month in 2022 (average: 0.0130), the exchange rate shifted by -0.0057 (-44.01%).

2023 Avg (January) 0.0073

2022 Avg (January) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0076	0.0070	0.0073
February	0.0071	0.0068	0.0070
March	0.0068	0.0064	0.0066
April	0.0064	0.0060	0.0062
May	0.0060	0.0056	0.0058
June	0.0056	0.0053	0.0054
July	0.0053	0.0048	0.0050
August	0.0048	0.0039	0.0042
September	0.0039	0.0039	0.0039
October	0.0039	0.0039	0.0039
November	0.0039	0.0037	0.0038
December	0.0037	0.0016	0.0024