2023 ARS to TWD Historical Review

YEARLY HIGH

0.1734 TWD

YEARLY LOW

0.0379 TWD

YEARLY AVERAGE

0.1187 TWD

2023 ARS to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1734. Conversely, the yearly low was recorded on December 31, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.1355 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1670 to the December average rate of 0.0572, the exchange rate registered a net change of -65.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1734 was down 35.78% compared to the 2022 peak of 0.2700, 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 867 TWD

2022 Average 1,162 TWD

Yearly Trough Low 189 TWD

Transaction Impact: A difference of 677.71 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1780

0.0463

JanuMarcMayJulySeptNove

ARS to TWD 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 0.1459, compared to 0.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0544 points.

H1 Avg (Jan–Jun) 0.1459

H2 Avg (Jul–Dec) 0.0915

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0490 TWD (High: 0.0868 / Low: 0.0379). On the other end, September was the most stable month, with a tight range of 0.0011 TWD (High: 0.0922 / Low: 0.0911).

December Spread (Volatile) ±0.0490

September Spread (Stable) ±0.0011

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 0.0331 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1670) against the same month in 2022 (average: 0.2662), the exchange rate shifted by -0.0992 (-37.26%).

2023 Avg (January) 0.1670

2022 Avg (January) 0.2662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1734	0.1607	0.1670
February	0.1600	0.1555	0.1579
March	0.1553	0.1461	0.1509
April	0.1466	0.1380	0.1420
May	0.1383	0.1280	0.1331
June	0.1276	0.1214	0.1242
July	0.1222	0.1142	0.1174
August	0.1145	0.0909	0.1001
September	0.0922	0.0911	0.0915
October	0.0929	0.0915	0.0922
November	0.0926	0.0870	0.0903
December	0.0868	0.0379	0.0572