2023 LRD to MXN Historical Review

YEARLY HIGH

0.1262 MXN

YEARLY LOW

0.0897 MXN

YEARLY AVERAGE

0.1024 MXN

2023 LRD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1262. Conversely, the yearly low was recorded on July 30, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0365 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1221 to the December average rate of 0.0912, the exchange rate registered a net change of -25.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1262 was down 10.65% compared to the 2022 peak of 0.1412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 631 MXN

2022 Average 658 MXN

Yearly Trough Low 448 MXN

Transaction Impact: A difference of 182.49 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1252

0.0881

JanuMarcMayJulySeptNove

LRD 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 0.1120, compared to 0.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.1120

H2 Avg (Jul–Dec) 0.0928

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0100 MXN (High: 0.1210 / Low: 0.1110). On the other end, August was the most stable month, with a tight range of 0.0030 MXN (High: 0.0930 / Low: 0.0900).

March Spread (Volatile) ±0.0100

August Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1221) against the same month in 2022 (average: 0.1372), the exchange rate shifted by -0.0152 (-11.06%).

2023 Avg (January) 0.1221

2022 Avg (January) 0.1372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1262	0.1197	0.1221
February	0.1235	0.1151	0.1189
March	0.1210	0.1110	0.1154
April	0.1127	0.1090	0.1108
May	0.1087	0.1043	0.1062
June	0.1038	0.0950	0.0988
July	0.0951	0.0897	0.0921
August	0.0930	0.0900	0.0912
September	0.0948	0.0915	0.0928
October	0.0981	0.0933	0.0968
November	0.0948	0.0910	0.0925
December	0.0929	0.0898	0.0912