YEARLY HIGH
0.4069 ARS
YEARLY LOW
0.0783 ARS
YEARLY AVERAGE
0.3544 ARS

2024 SYP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4069. Conversely, the yearly low was recorded on December 22, dropping to 0.0783.

This high-to-low spread represents a total annual volatility of 0.3286 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3254 to the December average rate of 0.2890, the exchange rate registered a net change of -11.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4069 was up 26.08% compared to the 2023 peak of 0.3227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,034 ARS
2023 Average 589 ARS
Yearly Trough Low 391 ARS
Transaction Impact: A difference of 1,642.91 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4086
0.2781
JanuMarcMayJulySeptNove

SYP 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 0.3422, compared to 0.3667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0244 points.

H1 Avg (Jan–Jun) 0.3422
H2 Avg (Jul–Dec) 0.3667

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3286 ARS (High: 0.4069 / Low: 0.0783). On the other end, February was the most stable month, with a tight range of 0.0063 ARS (High: 0.3353 / Low: 0.3290).

December Spread (Volatile) ±0.3286
February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1088 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.1088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2890) against the same month in 2023 (average: 0.2515), the exchange rate shifted by +0.0375 (+14.89%).

2024 Avg (December) 0.2890
2023 Avg (December) 0.2515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3289 0.3223 0.3254
February 0.3353 0.3290 0.3320
March 0.3414 0.3351 0.3385
April 0.3491 0.3413 0.3454
May 0.3559 0.3474 0.3524
June 0.3626 0.3559 0.3596
July 0.3710 0.3635 0.3670
August 0.3788 0.3679 0.3744
September 0.3855 0.3792 0.3822
October 0.3941 0.3860 0.3898
November 0.4021 0.3927 0.3977
December 0.4069 0.0783 0.2890