2023 CNY to MXN Historical Review

YEARLY HIGH

2.8265 MXN

YEARLY LOW

2.2955 MXN

YEARLY AVERAGE

2.5112 MXN

2023 CNY to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.8265. Conversely, the yearly low was recorded on August 27, dropping to 2.2955.

This high-to-low spread represents a total annual volatility of 0.5310 MXN. From a start-to-finish perspective, comparing the January average rate of 2.7923 to the December average rate of 2.4116, the exchange rate registered a net change of -13.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8265 was down 16.41% compared to the 2022 peak of 3.3815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 70,661 MXN

2022 Average 74,880 MXN

Yearly Trough Low 57,387 MXN

Transaction Impact: A difference of 13,273.87 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8369

2.3019

JanuMarcMayJulySeptNove

CNY 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 2.6253, compared to 2.3971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2283 points.

H1 Avg (Jan–Jun) 2.6253

H2 Avg (Jul–Dec) 2.3971

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1822 MXN (High: 2.7679 / Low: 2.5857). On the other end, April was the most stable month, with a tight range of 0.0576 MXN (High: 2.6618 / Low: 2.6042).

March Spread (Volatile) ±0.1822

April Spread (Stable) ±0.0576

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.1263 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7923) against the same month in 2022 (average: 3.2259), the exchange rate shifted by -0.4336 (-13.44%).

2023 Avg (January) 2.7923

2022 Avg (January) 3.2259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8265	2.7542	2.7923
February	2.8214	2.6400	2.7178
March	2.7679	2.5857	2.6706
April	2.6618	2.6042	2.6236
May	2.6008	2.4872	2.5370
June	2.4793	2.3600	2.4107
July	2.3771	2.3127	2.3544
August	2.4200	2.2955	2.3465
September	2.4238	2.3391	2.3719
October	2.5396	2.4270	2.4864
November	2.4562	2.3807	2.4117
December	2.4646	2.3699	2.4116