YEARLY HIGH
1.8215 ARS
YEARLY LOW
0.3823 ARS
YEARLY AVERAGE
0.6488 ARS

2023 KMF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.8215. Conversely, the yearly low was recorded on January 5, dropping to 0.3823.

This high-to-low spread represents a total annual volatility of 1.4392 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3984 to the December average rate of 1.4042, the exchange rate registered a net change of 252.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8215 was up 370.40% compared to the 2022 peak of 0.3872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,107 ARS
2022 Average 1,393 ARS
Yearly Trough Low 1,912 ARS
Transaction Impact: A difference of 7,195.75 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5047
0.2978
JanuMarcMayJulySeptNove

KMF 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 0.4649, compared to 0.8328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3679 points.

H1 Avg (Jan–Jun) 0.4649
H2 Avg (Jul–Dec) 0.8328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.0270 ARS (High: 1.8215 / Low: 0.7945). On the other end, October was the most stable month, with a tight range of 0.0117 ARS (High: 0.7551 / Low: 0.7434).

December Spread (Volatile) ±1.0270
October Spread (Stable) ±0.0117

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 0.0084 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.4042) against the same month in 2022 (average: 0.3707), the exchange rate shifted by +1.0335 (+278.81%).

2023 Avg (December) 1.4042
2022 Avg (December) 0.3707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4125 0.3823 0.3984
February 0.4241 0.4118 0.4168
March 0.4616 0.4256 0.4398
April 0.4973 0.4607 0.4794
May 0.5199 0.4954 0.5091
June 0.5685 0.5206 0.5457
July 0.6148 0.5650 0.5965
August 0.7772 0.6150 0.7117
September 0.7692 0.7457 0.7592
October 0.7551 0.7434 0.7507
November 0.8038 0.7490 0.7743
December 1.8215 0.7945 1.4042