2020 CAD to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CAD to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CAD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 17.7328. Conversely, the yearly low was recorded on February 15, dropping to 13.9877.
This high-to-low spread represents a total annual volatility of 3.7451 MXN. From a start-to-finish perspective, comparing the January average rate of 14.3777 to the December average rate of 15.5759, the exchange rate registered a net change of 8.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 17.7328 was up 16.99% compared to the 2019 peak of 15.1580, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CAD to MXN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.8395, compared to 16.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3158 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.9611 MXN (High: 17.4916 / Low: 14.5305). On the other end, July was the most stable month, with a tight range of 0.3814 MXN (High: 16.7823 / Low: 16.4009).
Growth Streaks & Declines
TrendsBetween February and April, 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 October and November, when the average rate fell by 0.4893 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 17.2287) against the same month in 2019 (average: 14.1515), the exchange rate shifted by +3.0772 (+21.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5997 | 14.1661 | 14.3777 |
| February | 14.6426 | 13.9877 | 14.1884 |
| March | 17.4916 | 14.5305 | 16.0024 |
| April | 17.7328 | 16.7225 | 17.2287 |
| May | 17.5723 | 16.0977 | 16.7611 |
| June | 16.9573 | 16.0328 | 16.4785 |
| July | 16.7823 | 16.4009 | 16.5801 |
| August | 17.0286 | 16.5614 | 16.7328 |
| September | 16.7442 | 15.8889 | 16.3647 |
| October | 16.4424 | 15.8749 | 16.0837 |
| November | 16.1673 | 15.3495 | 15.5944 |
| December | 15.8536 | 15.4411 | 15.5759 |