2023 PEN to ARS Historical Review

YEARLY HIGH

219.0971 ARS

YEARLY LOW

46.5773 ARS

YEARLY AVERAGE

79.0251 ARS

2023 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 219.0971. Conversely, the yearly low was recorded on January 1, dropping to 46.5773.

This high-to-low spread represents a total annual volatility of 172.5198 ARS. From a start-to-finish perspective, comparing the January average rate of 47.6130 to the December average rate of 169.3673, the exchange rate registered a net change of 255.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 219.0971 was up 370.51% compared to the 2022 peak of 46.5657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,095,486 ARS

2022 Average 170,277 ARS

Yearly Trough Low 232,886 ARS

Transaction Impact: A difference of 862,599.12 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

181.5428

35.4376

JanuMarcMayJulySeptNove

PEN 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 56.5368, compared to 101.5133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.9765 points.

H1 Avg (Jan–Jun) 56.5368

H2 Avg (Jul–Dec) 101.5133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 122.7135 ARS (High: 219.0971 / Low: 96.3836). On the other end, January was the most stable month, with a tight range of 2.1313 ARS (High: 48.7086 / Low: 46.5773).

December Spread (Volatile) ±122.7135

January Spread (Stable) ±2.1313

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 2.7852 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.7852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 169.3673) against the same month in 2022 (average: 45.0386), the exchange rate shifted by +124.3287 (+276.05%).

2023 Avg (December) 169.3673

2022 Avg (December) 45.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.7086	46.5773	47.6130
February	51.8352	48.5643	49.9773
March	55.5491	52.0650	53.6242
April	60.1648	55.3786	57.2859
May	65.2121	59.8887	62.6467
June	70.7688	65.1853	68.0739
July	76.4024	70.6212	73.8427
August	94.8376	75.4520	87.0314
September	94.7003	92.1602	93.9649
October	92.5939	90.2609	91.1796
November	96.6414	91.4114	93.6941
December	219.0971	96.3836	169.3673