YEARLY HIGH
3.3762 CDF
YEARLY LOW
2.7649 CDF
YEARLY AVERAGE
3.0884 CDF

2024 ARS to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.3762. Conversely, the yearly low was recorded on December 28, dropping to 2.7649.

This high-to-low spread represents a total annual volatility of 0.6113 CDF. From a start-to-finish perspective, comparing the January average rate of 3.3288 to the December average rate of 2.7987, the exchange rate registered a net change of -15.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3762 was down 70.79% compared to the 2023 peak of 11.5603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,881 CDF
2023 Average 43,453 CDF
Yearly Trough Low 13,825 CDF
Transaction Impact: A difference of 3,056.30 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.3818
2.7457
JanuMarcMayJulySeptNove

ARS to CDF 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 3.2339, compared to 2.9428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2911 points.

H1 Avg (Jan–Jun) 3.2339
H2 Avg (Jul–Dec) 2.9428

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1261 CDF (High: 3.3762 / Low: 3.2501). On the other end, September was the most stable month, with a tight range of 0.0443 CDF (High: 2.9870 / Low: 2.9427).

January Spread (Volatile) ±0.1261
September Spread (Stable) ±0.0443

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0641 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.3288) against the same month in 2023 (average: 11.2565), the exchange rate shifted by -7.9277 (-70.43%).

2024 Avg (January) 3.3288
2023 Avg (January) 11.2565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3762 3.2501 3.3288
February 3.3299 3.2811 3.3045
March 3.2900 3.2320 3.2618
April 3.2875 3.1844 3.2170
May 3.1999 3.1283 3.1572
June 3.1639 3.1174 3.1342
July 3.1249 3.0426 3.0846
August 3.0820 2.9830 3.0289
September 2.9870 2.9427 2.9661
October 2.9527 2.8832 2.9159
November 2.8941 2.8235 2.8628
December 2.8362 2.7649 2.7987