YEARLY HIGH
0.0421 MXN
YEARLY LOW
0.0360 MXN
YEARLY AVERAGE
0.0389 MXN

2023 KZT to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0421. Conversely, the yearly low was recorded on August 27, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0062 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0410 to the December average rate of 0.0374, the exchange rate registered a net change of -8.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0421 was down 12.51% compared to the 2022 peak of 0.0481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 MXN
2022 Average 218 MXN
Yearly Trough Low 180 MXN
Transaction Impact: A difference of 30.78 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0416
0.0365
JanuMarcMayJulySeptNove

KZT 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 0.0402, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0402
H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0030 MXN (High: 0.0390 / Low: 0.0360). On the other end, December was the most stable month, with a tight range of 0.0009 MXN (High: 0.0379 / Low: 0.0370).

August Spread (Volatile) ±0.0030
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0410) against the same month in 2022 (average: 0.0471), the exchange rate shifted by -0.0061 (-12.94%).

2023 Avg (January) 0.0410
2022 Avg (January) 0.0471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0421 0.0402 0.0410
February 0.0419 0.0404 0.0412
March 0.0418 0.0396 0.0408
April 0.0410 0.0394 0.0400
May 0.0406 0.0387 0.0397
June 0.0392 0.0377 0.0384
July 0.0388 0.0375 0.0380
August 0.0390 0.0360 0.0375
September 0.0379 0.0361 0.0369
October 0.0386 0.0364 0.0380
November 0.0380 0.0370 0.0375
December 0.0379 0.0370 0.0374