2023 ARS to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ARS to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ARS to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 129.1472. Conversely, the yearly low was recorded on December 31, dropping to 27.4806.
This high-to-low spread represents a total annual volatility of 101.6666 STD. From a start-to-finish perspective, comparing the January average rate of 125.4088 to the December average rate of 40.7778, the exchange rate registered a net change of -67.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 129.1472 was down 37.36% compared to the 2022 peak of 206.1773, 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 2023.
ARS to STD 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 109.0383, compared to 64.5013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 44.5370 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 34.2976 STD (High: 61.7782 / Low: 27.4806). On the other end, September was the most stable month, with a tight range of 0.1003 STD (High: 63.7566 / Low: 63.6562).
Growth Streaks & Declines
TrendsNo 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 22.3088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 125.4088) against the same month in 2022 (average: 203.5828), the exchange rate shifted by -78.1740 (-38.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 129.1472 | 122.0544 | 125.4088 |
| February | 121.8758 | 115.7722 | 119.0395 |
| March | 115.5278 | 109.4312 | 112.7231 |
| April | 109.5256 | 102.8034 | 106.0961 |
| May | 102.6601 | 95.3120 | 98.9531 |
| June | 95.0340 | 88.9818 | 92.0091 |
| July | 89.5211 | 80.9408 | 85.6874 |
| August | 80.6767 | 63.6319 | 70.1140 |
| September | 63.7566 | 63.6562 | 63.6819 |
| October | 63.7331 | 63.3954 | 63.6602 |
| November | 64.1556 | 61.8132 | 63.0865 |
| December | 61.7782 | 27.4806 | 40.7778 |