2023 MXN to ARS Historical Review

YEARLY HIGH

47.7676 ARS

YEARLY LOW

9.0643 ARS

YEARLY AVERAGE

16.8092 ARS

2023 MXN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 47.7676. Conversely, the yearly low was recorded on January 1, dropping to 9.0643.

This high-to-low spread represents a total annual volatility of 38.7033 ARS. From a start-to-finish perspective, comparing the January average rate of 9.6017 to the December average rate of 36.9083, the exchange rate registered a net change of 284.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.7676 was up 425.36% compared to the 2022 peak of 9.0923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,388,381 ARS

2022 Average 325,862 ARS

Yearly Trough Low 453,214 ARS

Transaction Impact: A difference of 1,935,167.29 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.6389

6.8711

JanuMarcMayJulySeptNove

MXN 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 11.7078, compared to 21.9106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.2028 points.

H1 Avg (Jan–Jun) 11.7078

H2 Avg (Jul–Dec) 21.9106

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 27.0182 ARS (High: 47.7676 / Low: 20.7495). On the other end, September was the most stable month, with a tight range of 0.7195 ARS (High: 20.5054 / Low: 19.7858).

December Spread (Volatile) ±27.0182

September Spread (Stable) ±0.7195

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 0.8771 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.8771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 36.9083) against the same month in 2022 (average: 8.7963), the exchange rate shifted by +28.1119 (+319.59%).

2023 Avg (December) 36.9083

2022 Avg (December) 8.7963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9384	9.0643	9.6017
February	10.7704	9.8649	10.3158
March	11.5663	10.5796	11.0066
April	12.3072	11.5345	11.9117
May	13.5380	12.3925	13.0180
June	14.9788	13.6823	14.3932
July	16.4314	14.8896	15.7061
August	20.9252	16.0391	18.9319
September	20.5054	19.7858	20.2304
October	20.1873	19.0817	19.3533
November	20.9822	19.6688	20.3338
December	47.7676	20.7495	36.9083