2023 MDL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 46.8343. Conversely, the yearly low was recorded on January 1, dropping to 9.2293.
This high-to-low spread represents a total annual volatility of 37.6051 ARS. From a start-to-finish perspective, comparing the January average rate of 9.5874 to the December average rate of 35.9560, the exchange rate registered a net change of 275.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 46.8343 was up 405.83% compared to the 2022 peak of 9.2589, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.5794, compared to 21.2589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6796 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 26.5202 ARS (High: 46.8343 / Low: 20.3141). On the other end, October was the most stable month, with a tight range of 0.2355 ARS (High: 19.4486 / Low: 19.2131).
Growth Streaks & Declines
TrendsBetween 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 0.1624 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 35.9560) against the same month in 2022 (average: 8.9165), the exchange rate shifted by +27.0395 (+303.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.9796 | 9.2293 | 9.5874 |
| February | 10.4418 | 9.9713 | 10.2166 |
| March | 11.3863 | 10.4639 | 10.8875 |
| April | 12.4020 | 11.3863 | 11.9326 |
| May | 13.4891 | 12.3991 | 12.9888 |
| June | 14.1644 | 13.5345 | 13.8634 |
| July | 15.5838 | 14.0028 | 14.8563 |
| August | 19.9980 | 15.5603 | 18.1763 |
| September | 19.6849 | 19.1379 | 19.4670 |
| October | 19.4486 | 19.2131 | 19.3045 |
| November | 20.4007 | 19.3036 | 19.7935 |
| December | 46.8343 | 20.3141 | 35.9560 |