2024 BND to MXN Historical Review

YEARLY HIGH

15.4622 MXN

YEARLY LOW

12.1316 MXN

YEARLY AVERAGE

13.7192 MXN

2024 BND to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 15.4622. Conversely, the yearly low was recorded on April 8, dropping to 12.1316.

This high-to-low spread represents a total annual volatility of 3.3306 MXN. From a start-to-finish perspective, comparing the January average rate of 12.7766 to the December average rate of 15.0026, the exchange rate registered a net change of 17.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.4622 was up 6.29% compared to the 2023 peak of 14.5471, 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 77,311 MXN

2023 Average 66,054 MXN

Yearly Trough Low 60,658 MXN

Transaction Impact: A difference of 16,652.91 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.4902

12.1148

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 12.7127, compared to 14.7257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0130 points.

H1 Avg (Jan–Jun) 12.7127

H2 Avg (Jul–Dec) 14.7257

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.3092 MXN (High: 13.8753 / Low: 12.5661). On the other end, February was the most stable month, with a tight range of 0.1730 MXN (High: 12.8270 / Low: 12.6540).

June Spread (Volatile) ±1.3092

February Spread (Stable) ±0.1730

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.2063 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 15.2089) against the same month in 2023 (average: 12.8863), the exchange rate shifted by +2.3225 (+18.02%).

2024 Avg (November) 15.2089

2023 Avg (November) 12.8863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9144	12.6537	12.7766
February	12.8270	12.6540	12.7099
March	12.6802	12.2777	12.5092
April	12.6590	12.1316	12.3961
May	12.5980	12.2883	12.4317
June	13.8753	12.5661	13.4526
July	13.9597	13.0998	13.4483
August	15.2169	14.1067	14.5601
September	15.3965	14.7149	15.1170
October	15.2602	14.7496	15.0171
November	15.4622	14.9332	15.2089
December	15.3085	14.7878	15.0026