YEARLY HIGH
0.2932 MXN
YEARLY LOW
0.2638 MXN
YEARLY AVERAGE
0.2744 MXN

2021 INR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2932. Conversely, the yearly low was recorded on April 21, dropping to 0.2638.

This high-to-low spread represents a total annual volatility of 0.0293 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2731 to the December average rate of 0.2771, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2932 was down 11.57% compared to the 2020 peak of 0.3315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 73,296 MXN
2020 Average 72,387 MXN
Yearly Trough Low 65,959 MXN
Transaction Impact: A difference of 7,337.06 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2871
0.2659
JanuMarcMayJulySeptNove

INR 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 0.2753, compared to 0.2736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.2753
H2 Avg (Jul–Dec) 0.2736

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0180 MXN (High: 0.2919 / Low: 0.2740). On the other end, July was the most stable month, with a tight range of 0.0052 MXN (High: 0.2707 / Low: 0.2655).

November Spread (Volatile) ±0.0180
July Spread (Stable) ±0.0052

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 March and April, when the average rate fell by 0.0159 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.2853) against the same month in 2020 (average: 0.2994), the exchange rate shifted by -0.0141 (-4.71%).

2021 Avg (March) 0.2853
2020 Avg (March) 0.2994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2824 0.2685 0.2731
February 0.2864 0.2746 0.2788
March 0.2932 0.2792 0.2853
April 0.2771 0.2638 0.2694
May 0.2755 0.2699 0.2729
June 0.2788 0.2668 0.2723
July 0.2707 0.2655 0.2677
August 0.2750 0.2673 0.2710
September 0.2778 0.2702 0.2722
October 0.2767 0.2688 0.2730
November 0.2919 0.2740 0.2804
December 0.2863 0.2734 0.2771