YEARLY HIGH
1.5576 ARS
YEARLY LOW
0.2987 ARS
YEARLY AVERAGE
0.5492 ARS

2023 CRC to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.5576. Conversely, the yearly low was recorded on January 1, dropping to 0.2987.

This high-to-low spread represents a total annual volatility of 1.2589 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3170 to the December average rate of 1.2054, the exchange rate registered a net change of 280.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5576 was up 412.45% compared to the 2022 peak of 0.3040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,788 ARS
2022 Average 1,020 ARS
Yearly Trough Low 1,493 ARS
Transaction Impact: A difference of 6,294.70 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2942
0.2282
JanuMarcMayJulySeptNove

CRC 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 0.3864, compared to 0.7120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3256 points.

H1 Avg (Jan–Jun) 0.3864
H2 Avg (Jul–Dec) 0.7120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.8762 ARS (High: 1.5576 / Low: 0.6814). On the other end, October was the most stable month, with a tight range of 0.0080 ARS (High: 0.6607 / Low: 0.6527).

December Spread (Volatile) ±0.8762
October Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.2054) against the same month in 2022 (average: 0.2923), the exchange rate shifted by +0.9131 (+312.41%).

2023 Avg (December) 1.2054
2022 Avg (December) 0.2923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3386 0.2987 0.3170
February 0.3522 0.3269 0.3394
March 0.3862 0.3538 0.3713
April 0.4168 0.3862 0.4019
May 0.4437 0.4091 0.4294
June 0.4725 0.4454 0.4596
July 0.5097 0.4725 0.4919
August 0.6569 0.5068 0.5975
September 0.6605 0.6482 0.6533
October 0.6607 0.6527 0.6581
November 0.6804 0.6555 0.6659
December 1.5576 0.6814 1.2054