YEARLY HIGH
0.0683 BND
YEARLY LOW
0.0625 BND
YEARLY AVERAGE
0.0663 BND

2021 MXN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0683. Conversely, the yearly low was recorded on March 6, dropping to 0.0625.

This high-to-low spread represents a total annual volatility of 0.0059 BND. From a start-to-finish perspective, comparing the January average rate of 0.0665 to the December average rate of 0.0653, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0683 was down 9.00% compared to the 2020 peak of 0.0751, 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 3,417 BND
2020 Average 3,227 BND
Yearly Trough Low 3,123 BND
Transaction Impact: A difference of 293.70 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0682
0.0643
JanuMarcMayJulySeptNove

MXN to BND 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 0.0660, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0660
H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0040 BND (High: 0.0665 / Low: 0.0625). On the other end, July was the most stable month, with a tight range of 0.0011 BND (High: 0.0682 / Low: 0.0671).

November Spread (Volatile) ±0.0040
July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0675) against the same month in 2020 (average: 0.0618), the exchange rate shifted by +0.0056 (+9.13%).

2021 Avg (August) 0.0675
2020 Avg (August) 0.0618

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0677 0.0645 0.0665
February 0.0666 0.0630 0.0654
March 0.0662 0.0625 0.0646
April 0.0674 0.0656 0.0666
May 0.0675 0.0656 0.0666
June 0.0678 0.0649 0.0665
July 0.0682 0.0671 0.0679
August 0.0683 0.0664 0.0675
September 0.0676 0.0660 0.0673
October 0.0668 0.0649 0.0660
November 0.0665 0.0625 0.0650
December 0.0661 0.0634 0.0653