2020 EUR to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 27.3124. Conversely, the yearly low was recorded on February 19, dropping to 20.0684.
This high-to-low spread represents a total annual volatility of 7.2439 MXN. From a start-to-finish perspective, comparing the January average rate of 20.8790 to the December average rate of 24.2850, the exchange rate registered a net change of 16.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 27.3124 was up 21.36% compared to the 2019 peak of 22.5043, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR 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 23.8762, compared to 25.1353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2591 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.6294 MXN (High: 27.2626 / Low: 21.6332). On the other end, December was the most stable month, with a tight range of 0.6154 MXN (High: 24.5793 / Low: 23.9638).
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 0.8394 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 26.3160) against the same month in 2019 (average: 21.2748), the exchange rate shifted by +5.0413 (+23.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2195 | 20.5930 | 20.8790 |
| February | 21.6288 | 20.0684 | 20.5764 |
| March | 27.2626 | 21.6332 | 24.7083 |
| April | 27.3124 | 25.5166 | 26.3160 |
| May | 27.2953 | 24.3995 | 25.6352 |
| June | 25.9330 | 24.2893 | 25.1424 |
| July | 26.2468 | 25.1732 | 25.6663 |
| August | 26.7501 | 25.8978 | 26.2086 |
| September | 26.2925 | 24.7552 | 25.4924 |
| October | 25.6559 | 24.7267 | 24.9995 |
| November | 24.8835 | 23.8064 | 24.1601 |
| December | 24.5793 | 23.9638 | 24.2850 |