YEARLY HIGH
12.7728 SYP
YEARLY LOW
2.4578 SYP
YEARLY AVERAGE
3.0614 SYP

2024 ARS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 12.7728. Conversely, the yearly low was recorded on December 18, dropping to 2.4578.

This high-to-low spread represents a total annual volatility of 10.3150 SYP. From a start-to-finish perspective, comparing the January average rate of 3.0728 to the December average rate of 6.0901, the exchange rate registered a net change of 98.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.7728 was down 10.16% compared to the 2023 peak of 14.2169, 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 63,864 SYP
2023 Average 47,997 SYP
Yearly Trough Low 12,289 SYP
Transaction Impact: A difference of 51,575.00 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.4476
2.1568
JanuMarcMayJulySeptNove

ARS to SYP 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 2.9255, compared to 3.1972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2717 points.

H1 Avg (Jan–Jun) 2.9255
H2 Avg (Jul–Dec) 3.1972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 10.3150 SYP (High: 12.7728 / Low: 2.4578). On the other end, September was the most stable month, with a tight range of 0.0432 SYP (High: 2.6371 / Low: 2.5938).

December Spread (Volatile) ±10.3150
September Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

No 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 0.0606 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.0901) against the same month in 2023 (average: 4.5982), the exchange rate shifted by +1.4919 (+32.45%).

2024 Avg (December) 6.0901
2023 Avg (December) 4.5982

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1030 3.0405 3.0728
February 3.0397 2.9828 3.0123
March 2.9842 2.9293 2.9541
April 2.9300 2.8646 2.8954
May 2.8787 2.8100 2.8376
June 2.8097 2.7580 2.7808
July 2.7507 2.6951 2.7252
August 2.7183 2.6402 2.6713
September 2.6371 2.5938 2.6165
October 2.5909 2.5372 2.5658
November 2.5467 2.4869 2.5144
December 12.7728 2.4578 6.0901