YEARLY HIGH
0.0023 MXN
YEARLY LOW
0.0019 MXN
YEARLY AVERAGE
0.0021 MXN

2021 GNF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 19, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0022, the exchange rate registered a net change of 13.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0023 was down 12.86% compared to the 2020 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 12 MXN
2020 Average 11 MXN
Yearly Trough Low 10 MXN
Transaction Impact: A difference of 2.08 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0022
0.0019
JanuMarcMayJulySeptNove

GNF 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 0.0020, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0002 MXN (High: 0.0023 / Low: 0.0021). On the other end, July was the most stable month, with a tight range of 0.0000 MXN (High: 0.0021 / Low: 0.0020).

November Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0022) against the same month in 2020 (average: 0.0021), the exchange rate shifted by +0.0001 (+5.27%).

2021 Avg (November) 0.0022
2020 Avg (November) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0021 0.0019 0.0020
March 0.0021 0.0020 0.0021
April 0.0020 0.0020 0.0020
May 0.0020 0.0020 0.0020
June 0.0021 0.0020 0.0020
July 0.0021 0.0020 0.0020
August 0.0021 0.0020 0.0021
September 0.0021 0.0020 0.0020
October 0.0021 0.0021 0.0021
November 0.0023 0.0021 0.0022
December 0.0023 0.0022 0.0022