YEARLY HIGH
9.1016 ARS
YEARLY LOW
2.0627 ARS
YEARLY AVERAGE
3.3497 ARS

2023 KGS to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 9.1016. Conversely, the yearly low was recorded on January 1, dropping to 2.0627.

This high-to-low spread represents a total annual volatility of 7.0389 ARS. From a start-to-finish perspective, comparing the January average rate of 2.1270 to the December average rate of 7.0930, the exchange rate registered a net change of 233.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.1016 was up 340.24% compared to the 2022 peak of 2.0674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,508 ARS
2022 Average 7,799 ARS
Yearly Trough Low 10,313 ARS
Transaction Impact: A difference of 35,194.74 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.5896
1.6304
JanuMarcMayJulySeptNove

KGS 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 2.4308, compared to 4.2687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8379 points.

H1 Avg (Jan–Jun) 2.4308
H2 Avg (Jul–Dec) 4.2687

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 5.0575 ARS (High: 9.1016 / Low: 4.0441). On the other end, September was the most stable month, with a tight range of 0.0251 ARS (High: 3.9656 / Low: 3.9405).

December Spread (Volatile) ±5.0575
September Spread (Stable) ±0.0251

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 0.0236 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 7.0930) against the same month in 2022 (average: 2.0233), the exchange rate shifted by +5.0697 (+250.56%).

2023 Avg (December) 7.0930
2022 Avg (December) 2.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1706 2.0627 2.1270
February 2.2552 2.1738 2.2051
March 2.3858 2.2600 2.3168
April 2.5367 2.3838 2.4600
May 2.7339 2.5403 2.6381
June 2.9415 2.7420 2.8376
July 3.1387 2.9238 3.0289
August 3.9702 3.1463 3.6486
September 3.9656 3.9405 3.9517
October 3.9620 3.9141 3.9280
November 4.0434 3.8884 3.9618
December 9.1016 4.0441 7.0930