2022 MAD to ARS Historical Review

YEARLY HIGH

16.9691 ARS

YEARLY LOW

10.8772 ARS

YEARLY AVERAGE

12.7916 ARS

2022 MAD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.9691. Conversely, the yearly low was recorded on March 8, dropping to 10.8772.

This high-to-low spread represents a total annual volatility of 6.0919 ARS. From a start-to-finish perspective, comparing the January average rate of 11.1832 to the December average rate of 16.3837, the exchange rate registered a net change of 46.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 16.9691 was up 52.88% compared to the 2021 peak of 11.0998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,845 ARS

2021 Average 52,861 ARS

Yearly Trough Low 54,386 ARS

Transaction Impact: A difference of 30,459.49 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

16.9038

10.6632

JanuMarcMayJulySeptNove

MAD 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 11.5586, compared to 14.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4660 points.

H1 Avg (Jan–Jun) 11.5586

H2 Avg (Jul–Dec) 14.0246

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.3410 ARS (High: 15.6512 / Low: 14.3102). On the other end, February was the most stable month, with a tight range of 0.1922 ARS (High: 11.3819 / Low: 11.1897).

November Spread (Volatile) ±1.3410

February Spread (Stable) ±0.1922

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 February and March, when the average rate fell by 0.0895 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 16.3837) against the same month in 2021 (average: 11.0036), the exchange rate shifted by +5.3801 (+48.89%).

2022 Avg (December) 16.3837

2021 Avg (December) 11.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2731	11.0544	11.1832
February	11.3819	11.1897	11.3303
March	11.5603	10.8772	11.2408
April	11.6515	11.4350	11.5392
May	12.1651	11.5604	11.7776
June	12.4408	12.1192	12.2804
July	12.7824	12.2241	12.5399
August	13.1503	12.8104	12.9983
September	13.6379	13.0554	13.3082
October	14.3586	13.4180	13.8809
November	15.6512	14.3102	15.0364
December	16.9691	15.8338	16.3837