2024 FKP to ARS Historical Review

YEARLY HIGH

1298.7559 ARS

YEARLY LOW

1023.1231 ARS

YEARLY AVERAGE

1170.0195 ARS

2024 FKP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 1298.7559. Conversely, the yearly low was recorded on January 2, dropping to 1023.1231.

This high-to-low spread represents a total annual volatility of 275.6328 ARS. From a start-to-finish perspective, comparing the January average rate of 1039.1309 to the December average rate of 1288.5021, the exchange rate registered a net change of 24.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1298.7559 was up 25.67% compared to the 2023 peak of 1033.4754, 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 6,493,779 ARS

2023 Average 1,847,507 ARS

Yearly Trough Low 5,115,615 ARS

Transaction Impact: A difference of 1,378,163.86 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1313.4392

1014.1938

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 1087.6989, compared to 1252.3402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 164.6413 points.

H1 Avg (Jan–Jun) 1087.6989

H2 Avg (Jul–Dec) 1252.3402

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 75.6469 ARS (High: 1257.6128 / Low: 1181.9659). On the other end, June was the most stable month, with a tight range of 15.7591 ARS (High: 1155.3296 / Low: 1139.5705).

August Spread (Volatile) ±75.6469

June Spread (Stable) ±15.7591

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.5442 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -3.5442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1288.5021) against the same month in 2023 (average: 801.4657), the exchange rate shifted by +487.0364 (+60.77%).

2024 Avg (December) 1288.5021

2023 Avg (December) 801.4657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1049.2173	1023.1231	1039.1309
February	1066.6891	1039.1051	1053.6098
March	1091.9754	1065.6545	1080.8162
April	1101.1430	1075.1124	1085.5746
May	1141.1165	1094.1020	1118.9714
June	1155.3296	1139.5705	1148.0902
July	1200.7355	1155.0343	1186.6102
August	1257.6128	1181.9659	1217.9066
September	1297.0442	1248.7344	1269.6072
October	1287.2715	1271.3784	1277.4796
November	1294.8933	1256.7183	1273.9354
December	1298.7559	1277.1885	1288.5021