YEARLY HIGH
3.1729 MXN
YEARLY LOW
2.8450 MXN
YEARLY AVERAGE
2.9384 MXN

2021 BOB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 3.1729. Conversely, the yearly low was recorded on January 20, dropping to 2.8450.

This high-to-low spread represents a total annual volatility of 0.3279 MXN. From a start-to-finish perspective, comparing the January average rate of 2.8982 to the December average rate of 3.0282, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1729 was down 14.44% compared to the 2020 peak of 3.7084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,864 MXN
2020 Average 15,567 MXN
Yearly Trough Low 14,225 MXN
Transaction Impact: A difference of 1,639.58 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0420
2.8765
JanuMarcMayJulySeptNove

BOB 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 2.9236, compared to 2.9533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 2.9236
H2 Avg (Jul–Dec) 2.9533

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2295 MXN (High: 3.1729 / Low: 2.9434). On the other end, July was the most stable month, with a tight range of 0.0628 MXN (High: 2.9229 / Low: 2.8601).

November Spread (Volatile) ±0.2295
July Spread (Stable) ±0.0628

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.1015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 3.0272) against the same month in 2020 (average: 2.9570), the exchange rate shifted by +0.0702 (+2.37%).

2021 Avg (November) 3.0272
2020 Avg (November) 2.9570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9857 2.8450 2.8982
February 3.0317 2.8848 2.9393
March 3.1123 2.9478 3.0070
April 2.9463 2.8616 2.9054
May 2.9331 2.8637 2.8944
June 2.9936 2.8463 2.8972
July 2.9229 2.8601 2.8903
August 2.9542 2.8787 2.9095
September 2.9879 2.8721 2.9021
October 3.0189 2.9231 2.9626
November 3.1729 2.9434 3.0272
December 3.1164 2.9627 3.0282