2024 CHF to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 23.7345. Conversely, the yearly low was recorded on April 10, dropping to 18.0328.
This high-to-low spread represents a total annual volatility of 5.7016 MXN. From a start-to-finish perspective, comparing the January average rate of 19.8766 to the December average rate of 22.7077, the exchange rate registered a net change of 14.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 23.7345 was up 12.55% compared to the 2023 peak of 21.0875, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF 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 19.2541, compared to 22.4026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.1577 MXN (High: 20.9788 / Low: 18.8211). On the other end, January was the most stable month, with a tight range of 0.4755 MXN (High: 20.1522 / Low: 19.6766).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.6206 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 23.1383) against the same month in 2023 (average: 19.2414), the exchange rate shifted by +3.8969 (+20.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.1522 | 19.6766 | 19.8766 |
| February | 19.9153 | 19.2774 | 19.4898 |
| March | 19.2563 | 18.2929 | 18.8693 |
| April | 18.8496 | 18.0328 | 18.4719 |
| May | 18.8523 | 18.1895 | 18.4799 |
| June | 20.9788 | 18.8211 | 20.3375 |
| July | 21.2829 | 19.6814 | 20.3043 |
| August | 23.5090 | 21.3736 | 22.3425 |
| September | 23.7345 | 22.5906 | 23.1383 |
| October | 23.2730 | 22.4528 | 22.8438 |
| November | 23.4676 | 22.6929 | 23.0792 |
| December | 23.1070 | 22.3960 | 22.7077 |