YEARLY HIGH
23.9801 AMD
YEARLY LOW
20.1925 AMD
YEARLY AVERAGE
22.1557 AMD

2023 MXN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 23.9801. Conversely, the yearly low was recorded on January 1, dropping to 20.1925.

This high-to-low spread represents a total annual volatility of 3.7875 AMD. From a start-to-finish perspective, comparing the January average rate of 20.8603 to the December average rate of 23.5604, the exchange rate registered a net change of 12.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.9801 was down 3.28% compared to the 2022 peak of 24.7931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,199,004 AMD
2022 Average 1,084,172 AMD
Yearly Trough Low 1,009,627 AMD
Transaction Impact: A difference of 189,377.38 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.8304
20.5902
JanuMarcMayJulySeptNove

MXN to AMD 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 21.4751, compared to 22.8364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3612 points.

H1 Avg (Jan–Jun) 21.4751
H2 Avg (Jul–Dec) 22.8364

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.5317 AMD (High: 23.4076 / Low: 21.8759). On the other end, April was the most stable month, with a tight range of 0.4019 AMD (High: 21.7099 / Low: 21.3080).

October Spread (Volatile) ±1.5317
April Spread (Stable) ±0.4019

Growth Streaks & Declines

Trends

Between March and July, 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 August and September, when the average rate fell by 0.4126 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 23.5604) against the same month in 2022 (average: 20.1478), the exchange rate shifted by +3.4126 (+16.94%).

2023 Avg (December) 23.5604
2022 Avg (December) 20.1478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2706 20.1925 20.8603
February 21.4210 20.6845 21.1918
March 21.6171 20.2352 21.0975
April 21.7099 21.3080 21.4886
May 22.2059 21.4715 21.8077
June 22.6518 21.9925 22.4048
July 23.3429 22.3819 22.8989
August 23.0732 22.3007 22.7519
September 22.7976 21.8956 22.3393
October 23.4076 21.8759 22.3371
November 23.5033 22.6258 23.1305
December 23.9801 23.0754 23.5604