2023 LBP to ARS Historical Review

YEARLY HIGH

0.1243 ARS

YEARLY LOW

0.0123 ARS

YEARLY AVERAGE

0.0303 ARS

2023 LBP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1243. Conversely, the yearly low was recorded on February 6, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.1121 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1201 to the December average rate of 0.0420, the exchange rate registered a net change of -65.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1243 was up 6.63% compared to the 2022 peak of 0.1166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 622 ARS

2022 Average 431 ARS

Yearly Trough Low 61 ARS

Transaction Impact: A difference of 560.27 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1308

0.0028

JanuMarcMayJulySeptNove

LBP 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 0.0353, compared to 0.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.0353

H2 Avg (Jul–Dec) 0.0252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1121 ARS (High: 0.1243 / Low: 0.0123). On the other end, October was the most stable month, with a tight range of 0.0002 ARS (High: 0.0234 / Low: 0.0232).

February Spread (Volatile) ±0.1121

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and December, 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 January and February, when the average rate fell by 0.0875 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0326) against the same month in 2022 (average: 0.0703), the exchange rate shifted by -0.0377 (-53.59%).

2023 Avg (February) 0.0326

2022 Avg (February) 0.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1237	0.1165	0.1201
February	0.1243	0.0123	0.0326
March	0.0139	0.0130	0.0134
April	0.0149	0.0137	0.0143
May	0.0159	0.0146	0.0153
June	0.0171	0.0159	0.0164
July	0.0183	0.0171	0.0176
August	0.0233	0.0182	0.0213
September	0.0233	0.0230	0.0232
October	0.0234	0.0232	0.0233
November	0.0240	0.0233	0.0235
December	0.0538	0.0240	0.0420