YEARLY HIGH
3.1130 MXN
YEARLY LOW
2.7713 MXN
YEARLY AVERAGE
2.9173 MXN

2022 BOB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 3.1130. Conversely, the yearly low was recorded on December 1, dropping to 2.7713.

This high-to-low spread represents a total annual volatility of 0.3417 MXN. From a start-to-finish perspective, comparing the January average rate of 2.9758 to the December average rate of 2.8337, the exchange rate registered a net change of -4.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.1130 was down 1.89% compared to the 2021 peak of 3.1729, 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 15,565 MXN
2021 Average 14,692 MXN
Yearly Trough Low 13,857 MXN
Transaction Impact: A difference of 1,708.50 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0042
2.8002
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 2.9439, compared to 2.8907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 2.9439
H2 Avg (Jul–Dec) 2.8907

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2212 MXN (High: 3.1130 / Low: 2.8919). On the other end, October was the most stable month, with a tight range of 0.0543 MXN (High: 2.9177 / Low: 2.8634).

March Spread (Volatile) ±0.2212
October Spread (Stable) ±0.0543

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0745 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.9872) against the same month in 2021 (average: 3.0070), the exchange rate shifted by -0.0198 (-0.66%).

2022 Avg (March) 2.9872
2021 Avg (March) 3.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0301 2.9434 2.9758
February 3.0154 2.9454 2.9742
March 3.1130 2.8919 2.9872
April 2.9779 2.8500 2.9146
May 2.9750 2.8358 2.9103
June 2.9885 2.8333 2.9016
July 3.0387 2.9457 2.9821
August 3.0339 2.8687 2.9166
September 2.9506 2.8700 2.9032
October 2.9177 2.8634 2.8916
November 2.8652 2.7812 2.8172
December 2.8761 2.7713 2.8337