2022 NPR to ARS Historical Review

YEARLY HIGH

1.3406 ARS

YEARLY LOW

0.8628 ARS

YEARLY AVERAGE

1.0342 ARS

2022 NPR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.3406. Conversely, the yearly low was recorded on January 2, dropping to 0.8628.

This high-to-low spread represents a total annual volatility of 0.4779 ARS. From a start-to-finish perspective, comparing the January average rate of 0.8726 to the December average rate of 1.3059, the exchange rate registered a net change of 49.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3406 was up 55.35% compared to the 2021 peak of 0.8630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,703 ARS

2021 Average 4,021 ARS

Yearly Trough Low 4,314 ARS

Transaction Impact: A difference of 2,389.36 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3492

0.8292

JanuMarcMayJulySeptNove

NPR 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 0.9203, compared to 1.1481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2277 points.

H1 Avg (Jan–Jun) 0.9203

H2 Avg (Jul–Dec) 1.1481

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0953 ARS (High: 1.2854 / Low: 1.1900). On the other end, January was the most stable month, with a tight range of 0.0169 ARS (High: 0.8797 / Low: 0.8628).

November Spread (Volatile) ±0.0953

January Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.3059) against the same month in 2021 (average: 0.8450), the exchange rate shifted by +0.4609 (+54.54%).

2022 Avg (December) 1.3059

2021 Avg (December) 0.8450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8797	0.8628	0.8726
February	0.8990	0.8772	0.8873
March	0.9175	0.8827	0.8974
April	0.9431	0.9134	0.9292
May	0.9681	0.9412	0.9531
June	0.9952	0.9693	0.9822
July	1.0352	0.9932	1.0090
August	1.0917	1.0430	1.0628
September	1.1366	1.0906	1.1152
October	1.1844	1.1299	1.1547
November	1.2854	1.1900	1.2407
December	1.3406	1.2826	1.3059