2023 SGD to ARS Historical Review

YEARLY HIGH

614.4781 ARS

YEARLY LOW

131.9091 ARS

YEARLY AVERAGE

219.7561 ARS

2023 SGD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 614.4781. Conversely, the yearly low was recorded on January 1, dropping to 131.9091.

This high-to-low spread represents a total annual volatility of 482.5690 ARS. From a start-to-finish perspective, comparing the January average rate of 137.4458 to the December average rate of 475.4019, the exchange rate registered a net change of 245.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 614.4781 was up 365.04% compared to the 2022 peak of 132.1333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,072,391 ARS

2022 Average 473,587 ARS

Yearly Trough Low 659,545 ARS

Transaction Impact: A difference of 2,412,845.10 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

509.1975

103.6502

JanuMarcMayJulySeptNove

SGD 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 158.4072, compared to 281.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 122.6978 points.

H1 Avg (Jan–Jun) 158.4072

H2 Avg (Jul–Dec) 281.1050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 344.0265 ARS (High: 614.4781 / Low: 270.4516). On the other end, October was the most stable month, with a tight range of 2.4628 ARS (High: 257.1077 / Low: 254.6449).

December Spread (Volatile) ±344.0265

October Spread (Stable) ±2.4628

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 0.9521 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.9521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 475.4019) against the same month in 2022 (average: 127.4261), the exchange rate shifted by +347.9758 (+273.08%).

2023 Avg (December) 475.4019

2022 Avg (December) 127.4261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	142.2773	131.9091	137.4458
February	146.2080	141.6021	143.8515
March	157.0558	146.8372	151.0654
April	166.3010	156.5897	161.5641
May	177.2045	166.3127	172.1963
June	189.6921	178.0154	184.3201
July	207.0100	188.4834	199.0492
August	259.2561	206.5305	237.8155
September	258.4098	254.9269	256.6406
October	257.1077	254.6449	255.6884
November	270.2760	256.1228	262.0347
December	614.4781	270.4516	475.4019