2023 LBP to MXN Historical Review

YEARLY HIGH

0.0129 MXN

YEARLY LOW

0.0011 MXN

YEARLY AVERAGE

0.0023 MXN

2023 LBP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0129. Conversely, the yearly low was recorded on July 28, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0118 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0011, the exchange rate registered a net change of -90.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was down 8.71% compared to the 2022 peak of 0.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 MXN

2022 Average 66 MXN

Yearly Trough Low 6 MXN

Transaction Impact: A difference of 58.84 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0136

-0.0000

JanuMarcMayJulySeptNove

LBP 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 0.0034, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0114 MXN (High: 0.0126 / Low: 0.0012). On the other end, April was the most stable month, with a tight range of 0.0000 MXN (High: 0.0012 / Low: 0.0012).

February Spread (Volatile) ±0.0114

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0125) against the same month in 2022 (average: 0.0136), the exchange rate shifted by -0.0011 (-7.75%).

2023 Avg (January) 0.0125

2022 Avg (January) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0129	0.0123	0.0125
February	0.0126	0.0012	0.0032
March	0.0013	0.0012	0.0012
April	0.0012	0.0012	0.0012
May	0.0012	0.0012	0.0012
June	0.0012	0.0011	0.0011
July	0.0011	0.0011	0.0011
August	0.0011	0.0011	0.0011
September	0.0012	0.0011	0.0011
October	0.0012	0.0012	0.0012
November	0.0012	0.0011	0.0012
December	0.0012	0.0011	0.0011