2024 MXN to BND Historical Review

YEARLY HIGH

0.0824 BND

YEARLY LOW

0.0647 BND

YEARLY AVERAGE

0.0734 BND

2024 MXN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0824. Conversely, the yearly low was recorded on November 12, dropping to 0.0647.

This high-to-low spread represents a total annual volatility of 0.0178 BND. From a start-to-finish perspective, comparing the January average rate of 0.0783 to the December average rate of 0.0667, the exchange rate registered a net change of -14.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0824 was up 1.70% compared to the 2023 peak of 0.0811, 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 4,121 BND

2023 Average 3,791 BND

Yearly Trough Low 3,234 BND

Transaction Impact: A difference of 887.77 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0822

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 0.0787, compared to 0.0680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.0787

H2 Avg (Jul–Dec) 0.0680

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0075 BND (High: 0.0796 / Low: 0.0721). On the other end, February was the most stable month, with a tight range of 0.0011 BND (High: 0.0790 / Low: 0.0780).

June Spread (Volatile) ±0.0075

February Spread (Stable) ±0.0011

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 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0807) against the same month in 2023 (average: 0.0736), the exchange rate shifted by +0.0071 (+9.59%).

2024 Avg (April) 0.0807

2023 Avg (April) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0790	0.0774	0.0783
February	0.0790	0.0780	0.0787
March	0.0814	0.0789	0.0799
April	0.0824	0.0790	0.0807
May	0.0814	0.0794	0.0804
June	0.0796	0.0721	0.0744
July	0.0763	0.0716	0.0744
August	0.0709	0.0657	0.0687
September	0.0680	0.0649	0.0662
October	0.0678	0.0655	0.0666
November	0.0670	0.0647	0.0658
December	0.0676	0.0653	0.0667