YEARLY HIGH
0.0919 AZN
YEARLY LOW
0.0672 AZN
YEARLY AVERAGE
0.0798 AZN

2020 MXN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0919. Conversely, the yearly low was recorded on March 23, dropping to 0.0672.

This high-to-low spread represents a total annual volatility of 0.0246 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0905 to the December average rate of 0.0853, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0919 was up 1.20% compared to the 2019 peak of 0.0908, 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 4,593 AZN
2019 Average 4,424 AZN
Yearly Trough Low 3,361 AZN
Transaction Impact: A difference of 1,231.74 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0926
0.0683
JanuMarcMayJulySeptNove

MXN to AZN 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 0.0795, compared to 0.0801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0795
H2 Avg (Jul–Dec) 0.0801

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0205 AZN (High: 0.0877 / Low: 0.0672). On the other end, January was the most stable month, with a tight range of 0.0015 AZN (High: 0.0912 / Low: 0.0897).

March Spread (Volatile) ±0.0205
January Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0136 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0904) against the same month in 2019 (average: 0.0888), the exchange rate shifted by +0.0016 (+1.78%).

2020 Avg (February) 0.0904
2019 Avg (February) 0.0888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0912 0.0897 0.0905
February 0.0919 0.0868 0.0904
March 0.0877 0.0672 0.0767
April 0.0730 0.0674 0.0703
May 0.0768 0.0685 0.0727
June 0.0793 0.0738 0.0762
July 0.0776 0.0747 0.0760
August 0.0783 0.0752 0.0769
September 0.0815 0.0760 0.0787
October 0.0816 0.0779 0.0801
November 0.0852 0.0796 0.0835
December 0.0861 0.0841 0.0853