2023 FKP to ARS Historical Review

YEARLY HIGH

1033.4754 ARS

YEARLY LOW

213.0954 ARS

YEARLY AVERAGE

368.3228 ARS

2023 FKP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1033.4754. Conversely, the yearly low was recorded on January 5, dropping to 213.0954.

This high-to-low spread represents a total annual volatility of 820.3799 ARS. From a start-to-finish perspective, comparing the January average rate of 222.9263 to the December average rate of 801.4657, the exchange rate registered a net change of 259.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1033.4754 was up 382.26% compared to the 2022 peak of 214.2991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,167,377 ARS

2022 Average 801,935 ARS

Yearly Trough Low 1,065,477 ARS

Transaction Impact: A difference of 4,101,899.63 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

859.3197

165.0724

JanuMarcMayJulySeptNove

FKP 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 261.5982, compared to 475.0475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 213.4493 points.

H1 Avg (Jan–Jun) 261.5982

H2 Avg (Jul–Dec) 475.0475

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 577.0358 ARS (High: 1033.4754 / Low: 456.4396). On the other end, October was the most stable month, with a tight range of 8.4083 ARS (High: 431.1357 / Low: 422.7273).

December Spread (Volatile) ±577.0358

October Spread (Stable) ±8.4083

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 7.4443 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -7.4443

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 801.4657) against the same month in 2022 (average: 209.7163), the exchange rate shifted by +591.7494 (+282.17%).

2023 Avg (December) 801.4657

2022 Avg (December) 209.7163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.4208	213.0954	222.9263
February	237.3782	225.8138	231.3540
March	258.3433	236.1699	245.9056
April	278.1302	257.2567	267.8582
May	298.0218	277.5638	287.8823
June	325.3094	299.3582	313.6626
July	353.2388	323.6671	342.1990
August	446.4439	352.6727	408.1718
September	441.7789	424.7240	433.4257
October	431.1357	422.7273	425.9815
November	457.0852	426.3064	439.0410
December	1033.4754	456.4396	801.4657