2023 NAD to ARS Historical Review

YEARLY HIGH

43.9250 ARS

YEARLY LOW

10.3897 ARS

YEARLY AVERAGE

15.8894 ARS

2023 NAD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 43.9250. Conversely, the yearly low was recorded on January 1, dropping to 10.3897.

This high-to-low spread represents a total annual volatility of 33.5353 ARS. From a start-to-finish perspective, comparing the January average rate of 10.6582 to the December average rate of 33.9103, the exchange rate registered a net change of 218.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.9250 was up 321.80% compared to the 2022 peak of 10.4136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219,625 ARS

2022 Average 39,866 ARS

Yearly Trough Low 51,948 ARS

Transaction Impact: A difference of 167,676.44 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.2355

8.3330

JanuMarcMayJulySeptNove

NAD 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 11.6100, compared to 20.1689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5589 points.

H1 Avg (Jan–Jun) 11.6100

H2 Avg (Jul–Dec) 20.1689

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 24.7961 ARS (High: 43.9250 / Low: 19.1289). On the other end, September was the most stable month, with a tight range of 0.4600 ARS (High: 18.6684 / Low: 18.2084).

December Spread (Volatile) ±24.7961

September Spread (Stable) ±0.4600

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 0.2570 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.2570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 33.9103) against the same month in 2022 (average: 9.9941), the exchange rate shifted by +23.9162 (+239.30%).

2023 Avg (December) 33.9103

2022 Avg (December) 9.9941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8657	10.3897	10.6582
February	11.0922	10.5700	10.7282
March	11.6549	10.7416	11.0826
April	12.1320	11.4617	11.8399
May	12.3644	11.7631	12.0923
June	13.7552	12.1788	13.2588
July	15.4938	13.5760	14.5762
August	18.9375	14.7933	17.0498
September	18.6684	18.2084	18.4418
October	18.6504	17.3177	18.1847
November	19.3870	17.4793	18.8504
December	43.9250	19.1289	33.9103