2024 ARS to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ARS to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ARS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 25.8972. Conversely, the yearly low was recorded on December 30, dropping to 20.3393.
This high-to-low spread represents a total annual volatility of 5.5579 SLL. From a start-to-finish perspective, comparing the January average rate of 25.6458 to the December average rate of 20.5618, the exchange rate registered a net change of -19.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.8972 was down 74.09% compared to the 2023 peak of 99.9556, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ARS to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.4162, compared to 21.6395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.6518 SLL (High: 22.6870 / Low: 22.0352). On the other end, September was the most stable month, with a tight range of 0.3609 SLL (High: 22.0090 / Low: 21.6481).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5055 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 25.6458) against the same month in 2023 (average: 97.0622), the exchange rate shifted by -71.4164 (-73.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8972 | 25.3758 | 25.6458 |
| February | 25.3689 | 24.8947 | 25.1403 |
| March | 24.9059 | 24.4474 | 24.6552 |
| April | 24.4540 | 23.9078 | 24.1650 |
| May | 24.0252 | 23.4523 | 23.6827 |
| June | 23.4498 | 23.0178 | 23.2084 |
| July | 22.9569 | 22.4935 | 22.7448 |
| August | 22.6870 | 22.0352 | 22.2942 |
| September | 22.0090 | 21.6481 | 21.8371 |
| October | 21.6233 | 21.1751 | 21.4139 |
| November | 21.2549 | 20.7553 | 20.9851 |
| December | 20.7358 | 20.3393 | 20.5618 |