2024 ARS to MXN Historical Review

YEARLY HIGH

0.0211 MXN

YEARLY LOW

0.0186 MXN

YEARLY AVERAGE

0.0200 MXN

2024 ARS to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0211. Conversely, the yearly low was recorded on May 20, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0025 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0199, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0211 was down 80.85% compared to the 2023 peak of 0.1103, 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 106 MXN

2023 Average 341 MXN

Yearly Trough Low 93 MXN

Transaction Impact: A difference of 12.50 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0210

0.0188

JanuMarcMayJulySeptNove

ARS to MXN 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 0.0199, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0199

H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0018 MXN (High: 0.0208 / Low: 0.0190). On the other end, January was the most stable month, with a tight range of 0.0004 MXN (High: 0.0211 / Low: 0.0207).

June Spread (Volatile) ±0.0018

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0204) against the same month in 2023 (average: 0.0535), the exchange rate shifted by -0.0331 (-61.92%).

2024 Avg (August) 0.0204

2023 Avg (August) 0.0535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0211	0.0207	0.0209
February	0.0207	0.0202	0.0205
March	0.0202	0.0193	0.0197
April	0.0197	0.0189	0.0194
May	0.0195	0.0186	0.0190
June	0.0208	0.0190	0.0201
July	0.0201	0.0191	0.0196
August	0.0211	0.0198	0.0204
September	0.0210	0.0199	0.0204
October	0.0204	0.0197	0.0201
November	0.0206	0.0199	0.0203
December	0.0202	0.0197	0.0199