2023 IQD to ARS Historical Review

YEARLY HIGH

0.6184 ARS

YEARLY LOW

0.1210 ARS

YEARLY AVERAGE

0.2203 ARS

2023 IQD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6184. Conversely, the yearly low was recorded on January 1, dropping to 0.1210.

This high-to-low spread represents a total annual volatility of 0.4973 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1247 to the December average rate of 0.4821, the exchange rate registered a net change of 286.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6184 was up 409.87% compared to the 2022 peak of 0.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,092 ARS

2022 Average 448 ARS

Yearly Trough Low 605 ARS

Transaction Impact: A difference of 2,486.71 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5179

0.0890

JanuMarcMayJulySeptNove

IQD 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 0.1513, compared to 0.2892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1379 points.

H1 Avg (Jan–Jun) 0.1513

H2 Avg (Jul–Dec) 0.2892

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.3431 ARS (High: 0.6184 / Low: 0.2752). On the other end, October was the most stable month, with a tight range of 0.0015 ARS (High: 0.2683 / Low: 0.2668).

December Spread (Volatile) ±0.3431

October Spread (Stable) ±0.0015

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: 0.4821) against the same month in 2022 (average: 0.1180), the exchange rate shifted by +0.3641 (+308.61%).

2023 Avg (December) 0.4821

2022 Avg (December) 0.1180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1281	0.1210	0.1247
February	0.1351	0.1274	0.1314
March	0.1428	0.1353	0.1390
April	0.1673	0.1427	0.1484
May	0.1828	0.1523	0.1751
June	0.1958	0.1834	0.1895
July	0.2101	0.1958	0.2030
August	0.2675	0.2108	0.2454
September	0.2682	0.2667	0.2672
October	0.2683	0.2668	0.2674
November	0.2753	0.2669	0.2701
December	0.6184	0.2752	0.4821