2023 CAD to ARS Historical Review

YEARLY HIGH

611.9414 ARS

YEARLY LOW

130.4393 ARS

YEARLY AVERAGE

218.7904 ARS

2023 CAD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 611.9414. Conversely, the yearly low was recorded on January 3, dropping to 130.4393.

This high-to-low spread represents a total annual volatility of 481.5020 ARS. From a start-to-finish perspective, comparing the January average rate of 135.6593 to the December average rate of 472.6890, the exchange rate registered a net change of 248.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 611.9414 was up 368.78% compared to the 2022 peak of 130.5398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,059,707 ARS

2022 Average 500,118 ARS

Yearly Trough Low 652,197 ARS

Transaction Impact: A difference of 2,407,510.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

506.3920

101.9563

JanuMarcMayJulySeptNove

CAD 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 157.0935, compared to 280.4873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 123.3938 points.

H1 Avg (Jan–Jun) 157.0935

H2 Avg (Jul–Dec) 280.4873

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 344.8283 ARS (High: 611.9414 / Low: 267.1131). On the other end, September was the most stable month, with a tight range of 4.5557 ARS (High: 260.3319 / Low: 255.7763).

December Spread (Volatile) ±344.8283

September Spread (Stable) ±4.5557

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 2.9765 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.9765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 472.6890) against the same month in 2022 (average: 126.6373), the exchange rate shifted by +346.0517 (+273.26%).

2023 Avg (December) 472.6890

2022 Avg (December) 126.6373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	140.5106	130.4393	135.6593
February	144.9584	139.7937	142.4971
March	154.2315	144.2525	147.8422
April	163.3085	154.0374	159.2109
May	176.5083	164.0236	170.5660
June	193.6110	178.6239	186.7855
July	208.6248	192.3837	200.8295
August	260.0129	206.8255	238.2257
September	260.3319	255.7763	258.2205
October	258.9342	252.1593	255.2440
November	265.8909	252.9601	257.7150
December	611.9414	267.1131	472.6890