YEARLY HIGH
0.0933 AUD
YEARLY LOW
0.0734 AUD
YEARLY AVERAGE
0.0832 AUD

2024 MXN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.0933. Conversely, the yearly low was recorded on September 28, dropping to 0.0734.

This high-to-low spread represents a total annual volatility of 0.0199 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0882 to the December average rate of 0.0781, the exchange rate registered a net change of -11.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0933 was up 0.12% compared to the 2023 peak of 0.0932, 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 4,666 AUD
2023 Average 4,254 AUD
Yearly Trough Low 3,671 AUD
Transaction Impact: A difference of 994.81 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0931
0.0737
JanuMarcMayJulySeptNove

MXN to AUD 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 0.0888, compared to 0.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.0888
H2 Avg (Jul–Dec) 0.0776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0085 AUD (High: 0.0885 / Low: 0.0800). On the other end, February was the most stable month, with a tight range of 0.0012 AUD (High: 0.0902 / Low: 0.0890).

June Spread (Volatile) ±0.0085
February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0914) against the same month in 2023 (average: 0.0828), the exchange rate shifted by +0.0087 (+10.46%).

2024 Avg (April) 0.0914
2023 Avg (April) 0.0828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0890 0.0866 0.0882
February 0.0902 0.0890 0.0897
March 0.0926 0.0895 0.0909
April 0.0933 0.0890 0.0914
May 0.0906 0.0882 0.0898
June 0.0885 0.0800 0.0828
July 0.0842 0.0815 0.0828
August 0.0813 0.0741 0.0785
September 0.0777 0.0734 0.0754
October 0.0769 0.0740 0.0758
November 0.0761 0.0743 0.0753
December 0.0797 0.0755 0.0781