2023 BND to ARS Historical Review

YEARLY HIGH

613.3852 ARS

YEARLY LOW

131.8584 ARS

YEARLY AVERAGE

219.7951 ARS

2023 BND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 613.3852. Conversely, the yearly low was recorded on January 1, dropping to 131.8584.

This high-to-low spread represents a total annual volatility of 481.5268 ARS. From a start-to-finish perspective, comparing the January average rate of 137.2116 to the December average rate of 475.0449, the exchange rate registered a net change of 246.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 613.3852 was up 365.91% compared to the 2022 peak of 131.6543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 3,066,926 ARS

2022 Average 473,512 ARS

Yearly Trough Low 659,292 ARS

Transaction Impact: A difference of 2,407,634.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

508.8282

103.4283

JanuMarcMayJulySeptNove

BND to ARS 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 158.4850, compared to 281.1053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 122.6204 points.

H1 Avg (Jan–Jun) 158.4850

H2 Avg (Jul–Dec) 281.1053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 343.6964 ARS (High: 613.3852 / Low: 269.6888). On the other end, October was the most stable month, with a tight range of 3.0013 ARS (High: 257.4821 / Low: 254.4808).

December Spread (Volatile) ±343.6964

October Spread (Stable) ±3.0013

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.1089 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.1089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 475.0449) against the same month in 2022 (average: 127.4494), the exchange rate shifted by +347.5955 (+272.73%).

2023 Avg (December) 475.0449

2022 Avg (December) 127.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	142.1843	131.8584	137.2116
February	146.1969	141.9098	143.9826
March	156.9672	146.7883	151.1915
April	167.8493	156.9672	161.7845
May	176.7686	166.6119	172.3332
June	189.4908	177.7735	184.4064
July	206.9103	188.8844	199.1310
August	258.9880	207.0294	237.8907
September	258.9674	255.0540	256.8350
October	257.4821	254.4808	255.7261
November	270.3022	255.3577	262.0042
December	613.3852	269.6888	475.0449