2024 CNY to MXN Historical Review

YEARLY HIGH

2.8596 MXN

YEARLY LOW

2.2581 MXN

YEARLY AVERAGE

2.5525 MXN

2024 CNY to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.8596. Conversely, the yearly low was recorded on April 8, dropping to 2.2581.

This high-to-low spread represents a total annual volatility of 0.6015 MXN. From a start-to-finish perspective, comparing the January average rate of 2.3989 to the December average rate of 2.7815, the exchange rate registered a net change of 15.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8596 was up 1.17% compared to the 2023 peak of 2.8265, 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 71,490 MXN

2023 Average 62,753 MXN

Yearly Trough Low 56,453 MXN

Transaction Impact: A difference of 15,037.24 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8698

2.2764

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 2.3845, compared to 2.7205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3360 points.

H1 Avg (Jan–Jun) 2.3845

H2 Avg (Jul–Dec) 2.7205

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2434 MXN (High: 2.6144 / Low: 2.3710). On the other end, February was the most stable month, with a tight range of 0.0416 MXN (High: 2.4099 / Low: 2.3683).

June Spread (Volatile) ±0.2434

February Spread (Stable) ±0.0416

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0577 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.7815) against the same month in 2023 (average: 2.4116), the exchange rate shifted by +0.3699 (+15.34%).

2024 Avg (December) 2.7815

2023 Avg (December) 2.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4414	2.3684	2.3989
February	2.4099	2.3683	2.3877
March	2.3787	2.2923	2.3300
April	2.4092	2.2581	2.3258
May	2.4016	2.2889	2.3442
June	2.6144	2.3710	2.5204
July	2.5885	2.4303	2.4949
August	2.7969	2.6000	2.6805
September	2.8216	2.6960	2.7703
October	2.8340	2.7281	2.7754
November	2.8524	2.7728	2.8203
December	2.8596	2.7503	2.7815