Abstract Strengthened by polar amplification, Arctic warming provides direct evidence for global climate change. This analysis shows how Arctic surface air temperature (SAT) extremes have changed throughout time. Using ERA5, we demonstrate a pan-Arctic (>60°N) significant upward SAT trend of +0.62°C decade−1 since 1979. Due to this warming, the warmest days of each month in the 1980s to 1990s would be considered average today, while the present coldest days would be regarded as normal in the 1980s to 1990s. Over 1979–2021, there was a 2°C (or 7%) reduction of pan-Arctic SAT seasonal cycle, which resulted in warming of the cold SAT extremes by a factor of 2 relative to the SAT trend and dampened trends of the warm SAT extremes by roughly 25%. Since 1979, autumn has seen the strongest increasing trends in daily maximum and minimum temperatures, as well as counts of days with SAT above the 90th percentile and decreasing trends in counts of days with SAT below the 10th percentile, consistent with rapid Arctic sea ice decline and enhanced air–ocean heat fluxes. The modulated SAT seasonal signal has a significant impact on the timing of extremely strong monthly cold and warm spells. The dampening of the SAT seasonal fluctuations is likely to continue to increase as more sea ice melts and upper-ocean warming persists. As a result, the Arctic winter cold SAT extremes may continue to exhibit a faster rate of change than that of the summer warm SAT extremes as the Arctic continues to warm. Significance Statement As a result of global warming, the Arctic Ocean’s sea ice is receding, exposing more and more areas to air–sea interactions. This reduces the range of seasonal changes in Arctic surface air temperatures (SAT). Since 1979, the reduced seasonal SAT signal has decreased the trend of warm SAT extremes by 25% over the background warming trend and doubled the trend of cold SAT extremes relative to SAT trends. A substantial number of warm and cold spells would not have been identified as exceptional if the reduction of the Arctic SAT seasonal amplitudes had not been taken into account. As the Arctic continues to warm and sea ice continues to diminish, seasonal SAT fluctuations will become more dampened, with the rate of decreasing winter SAT extremes exceeding the rate of increasing summer SAT extremes.