YEARLY HIGH
0.0540 BMD
YEARLY LOW
0.0395 BMD
YEARLY AVERAGE
0.0469 BMD

2020 MXN to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0540. Conversely, the yearly low was recorded on March 23, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0145 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0501, 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 0.0540 was up 1.20% compared to the 2019 peak of 0.0533, 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 2,698 BMD
2019 Average 2,598 BMD
Yearly Trough Low 1,974 BMD
Transaction Impact: A difference of 723.49 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0544
0.0401
JanuMarcMayJulySeptNove

MXN to BMD 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 0.0467, compared to 0.0470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0467
H2 Avg (Jul–Dec) 0.0470

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0120 BMD (High: 0.0515 / Low: 0.0395). On the other end, January was the most stable month, with a tight range of 0.0009 BMD (High: 0.0536 / Low: 0.0527).

March Spread (Volatile) ±0.0120
January Spread (Stable) ±0.0009

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 0.0080 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0531) against the same month in 2019 (average: 0.0521), the exchange rate shifted by +0.0009 (+1.78%).

2020 Avg (February) 0.0531
2019 Avg (February) 0.0521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0536 0.0527 0.0532
February 0.0540 0.0510 0.0531
March 0.0515 0.0395 0.0451
April 0.0429 0.0396 0.0413
May 0.0451 0.0403 0.0427
June 0.0466 0.0434 0.0448
July 0.0456 0.0439 0.0446
August 0.0460 0.0442 0.0451
September 0.0479 0.0446 0.0463
October 0.0479 0.0458 0.0471
November 0.0501 0.0468 0.0490
December 0.0506 0.0494 0.0501