YEARLY HIGH
0.3515 BOB
YEARLY LOW
0.3152 BOB
YEARLY AVERAGE
0.3405 BOB

2021 MXN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.3515. Conversely, the yearly low was recorded on November 27, dropping to 0.3152.

This high-to-low spread represents a total annual volatility of 0.0363 BOB. From a start-to-finish perspective, comparing the January average rate of 0.3451 to the December average rate of 0.3303, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3515 was down 5.79% compared to the 2020 peak of 0.3731, 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 17,575 BOB
2020 Average 16,170 BOB
Yearly Trough Low 15,758 BOB
Transaction Impact: A difference of 1,816.35 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3476
0.3287
JanuMarcMayJulySeptNove

MXN to BOB 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 0.3422, compared to 0.3388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.3422
H2 Avg (Jul–Dec) 0.3388

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0246 BOB (High: 0.3397 / Low: 0.3152). On the other end, July was the most stable month, with a tight range of 0.0075 BOB (High: 0.3496 / Low: 0.3421).

November Spread (Volatile) ±0.0246
July Spread (Stable) ±0.0075

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 February and March, when the average rate fell by 0.0077 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3451) against the same month in 2020 (average: 0.3678), the exchange rate shifted by -0.0227 (-6.16%).

2021 Avg (January) 0.3451
2020 Avg (January) 0.3678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3515 0.3349 0.3451
February 0.3466 0.3298 0.3403
March 0.3392 0.3213 0.3326
April 0.3495 0.3394 0.3442
May 0.3492 0.3409 0.3455
June 0.3513 0.3340 0.3452
July 0.3496 0.3421 0.3460
August 0.3474 0.3385 0.3437
September 0.3482 0.3347 0.3446
October 0.3421 0.3313 0.3376
November 0.3397 0.3152 0.3305
December 0.3375 0.3209 0.3303