YEARLY HIGH
59.0519 KRW
YEARLY LOW
52.9306 KRW
YEARLY AVERAGE
56.4413 KRW

2021 MXN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 59.0519. Conversely, the yearly low was recorded on March 6, dropping to 52.9306.

This high-to-low spread represents a total annual volatility of 6.1213 KRW. From a start-to-finish perspective, comparing the January average rate of 55.0792 to the December average rate of 56.6943, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 59.0519 was down 8.09% compared to the 2020 peak of 64.2489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 2,952,595 KRW
2020 Average 2,757,946 KRW
Yearly Trough Low 2,646,528 KRW
Transaction Impact: A difference of 306,066.39 KRW purely based on transaction execution date.

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58.9683
54.0160
JanuMarcMayJulySeptNove

MXN to KRW 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 55.3763, compared to 57.5062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1298 points.

H1 Avg (Jan–Jun) 55.3763
H2 Avg (Jul–Dec) 57.5062

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 4.4750 KRW (High: 59.0519 / Low: 54.5769). On the other end, April was the most stable month, with a tight range of 1.0648 KRW (High: 56.2823 / Low: 55.2175).

November Spread (Volatile) Âą4.4750
April Spread (Stable) Âą1.0648

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9763 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 56.8212) against the same month in 2020 (average: 54.6826), the exchange rate shifted by +2.1386 (+3.91%).

2021 Avg (November) 56.8212
2020 Avg (November) 54.6826

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Month High Low Average
January 56.0987 54.3153 55.0792
February 55.6531 53.5011 54.7709
March 55.2069 52.9306 54.4287
April 56.2823 55.2175 55.7734
May 57.4529 55.2273 56.1718
June 57.0960 54.9105 56.0341
July 57.9392 56.6835 57.3774
August 58.8725 57.0510 57.7911
September 59.0465 57.4231 58.5556
October 58.3774 57.1436 57.7975
November 59.0519 54.5769 56.8212
December 58.1837 54.8028 56.6943