2021 BND to MXN Historical Review

YEARLY HIGH

16.0107 MXN

YEARLY LOW

14.6343 MXN

YEARLY AVERAGE

15.0980 MXN

2021 BND to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 16.0107. Conversely, the yearly low was recorded on August 15, dropping to 14.6343.

This high-to-low spread represents a total annual volatility of 1.3763 MXN. From a start-to-finish perspective, comparing the January average rate of 15.0511 to the December average rate of 15.3264, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.0107 was down 9.74% compared to the 2020 peak of 17.7384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,053 MXN

2020 Average 77,830 MXN

Yearly Trough Low 73,172 MXN

Transaction Impact: A difference of 6,881.63 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.5505

14.6604

JanuMarcMayJulySeptNove

BND 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 15.1500, compared to 15.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1041 points.

H1 Avg (Jan–Jun) 15.1500

H2 Avg (Jul–Dec) 15.0459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9624 MXN (High: 15.9909 / Low: 15.0285). On the other end, July was the most stable month, with a tight range of 0.2417 MXN (High: 14.8975 / Low: 14.6558).

November Spread (Volatile) ±0.9624

July Spread (Stable) ±0.2417

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4535 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 15.4763) against the same month in 2020 (average: 15.7578), the exchange rate shifted by -0.2815 (-1.79%).

2021 Avg (March) 15.4763

2020 Avg (March) 15.7578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.5125	14.7699	15.0511
February	15.8790	15.0084	15.2969
March	16.0107	15.1144	15.4763
April	15.2452	14.8311	15.0228
May	15.2424	14.8097	15.0230
June	15.4100	14.7520	15.0300
July	14.8975	14.6558	14.7345
August	15.0599	14.6343	14.8222
September	15.1521	14.7975	14.8677
October	15.4014	14.9772	15.1410
November	15.9909	15.0285	15.3835
December	15.7645	15.1217	15.3264