2024 AWG to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AWG to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AWG to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 572.7696. Conversely, the yearly low was recorded on January 2, dropping to 449.6605.
This high-to-low spread represents a total annual volatility of 123.1091 ARS. From a start-to-finish perspective, comparing the January average rate of 453.9362 to the December average rate of 566.5210, the exchange rate registered a net change of 24.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 572.7696 was up 27.15% compared to the 2023 peak of 450.4551, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AWG to ARS 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 477.3830, compared to 538.7988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.4158 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 15.1885 ARS (High: 528.6864 / Low: 513.4979). On the other end, January was the most stable month, with a tight range of 9.1085 ARS (High: 458.7690 / Low: 449.6605).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 566.5210) against the same month in 2023 (average: 350.8604), the exchange rate shifted by +215.6605 (+61.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 458.7690 | 449.6605 | 453.9362 |
| February | 467.9598 | 458.5766 | 463.1365 |
| March | 476.5212 | 467.1008 | 472.1286 |
| April | 487.0766 | 476.0633 | 481.8819 |
| May | 496.7039 | 484.2237 | 491.5773 |
| June | 506.1183 | 496.7932 | 501.6377 |
| July | 517.9150 | 506.7560 | 511.9474 |
| August | 528.6864 | 513.4979 | 522.3576 |
| September | 538.1413 | 528.9892 | 533.1752 |
| October | 550.1617 | 538.2846 | 543.8088 |
| November | 560.8249 | 547.3344 | 554.9831 |
| December | 572.7696 | 561.0386 | 566.5210 |