2021 FKP to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FKP to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FKP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 29.7163. Conversely, the yearly low was recorded on January 18, dropping to 26.7543.
This high-to-low spread represents a total annual volatility of 2.9620 MXN. From a start-to-finish perspective, comparing the January average rate of 27.2444 to the December average rate of 27.8067, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 29.7163 was down 3.95% compared to the 2020 peak of 30.9390, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
FKP 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 28.0256, compared to 27.7774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 1.7884 MXN (High: 29.3052 / Low: 27.5167). On the other end, July was the most stable month, with a tight range of 0.4112 MXN (High: 27.7417 / Low: 27.3305).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 1.0255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 28.7809) against the same month in 2020 (average: 27.5634), the exchange rate shifted by +1.2176 (+4.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.2195 | 26.7543 | 27.2444 |
| February | 29.3052 | 27.5167 | 28.1747 |
| March | 29.7163 | 28.1723 | 28.7809 |
| April | 28.2558 | 27.5005 | 27.7554 |
| May | 28.3563 | 27.8415 | 28.1150 |
| June | 28.5583 | 27.4312 | 28.0830 |
| July | 27.7417 | 27.3305 | 27.5617 |
| August | 27.9057 | 27.4789 | 27.7030 |
| September | 27.7905 | 27.3557 | 27.5251 |
| October | 28.3527 | 27.7007 | 27.9905 |
| November | 29.2349 | 27.4565 | 28.0777 |
| December | 28.5194 | 27.4218 | 27.8067 |