YEARLY HIGH
1.7711 ARS
YEARLY LOW
0.3818 ARS
YEARLY AVERAGE
0.6451 ARS

2023 KZT to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.7711. Conversely, the yearly low was recorded on January 1, dropping to 0.3818.

This high-to-low spread represents a total annual volatility of 1.3893 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3936 to the December average rate of 1.3771, the exchange rate registered a net change of 249.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7711 was up 362.21% compared to the 2022 peak of 0.3832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,856 ARS
2022 Average 1,415 ARS
Yearly Trough Low 1,909 ARS
Transaction Impact: A difference of 6,946.49 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4755
0.2952
JanuMarcMayJulySeptNove

KZT 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 0.4691, compared to 0.8211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3521 points.

H1 Avg (Jan–Jun) 0.4691
H2 Avg (Jul–Dec) 0.8211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.9896 ARS (High: 1.7711 / Low: 0.7816). On the other end, October was the most stable month, with a tight range of 0.0169 ARS (High: 0.7463 / Low: 0.7294).

December Spread (Volatile) ±0.9896
October Spread (Stable) ±0.0169

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 0.0121 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.3771) against the same month in 2022 (average: 0.3686), the exchange rate shifted by +1.0085 (+273.58%).

2023 Avg (December) 1.3771
2022 Avg (December) 0.3686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4060 0.3818 0.3936
February 0.4430 0.4060 0.4249
March 0.4655 0.4362 0.4490
April 0.4967 0.4582 0.4766
May 0.5363 0.4930 0.5173
June 0.5680 0.5354 0.5532
July 0.6185 0.5680 0.5969
August 0.7770 0.6211 0.7085
September 0.7642 0.7292 0.7468
October 0.7463 0.7294 0.7347
November 0.7844 0.7449 0.7627
December 1.7711 0.7816 1.3771