2024 MXN to BRL Historical Review

YEARLY HIGH

0.3339 BRL

YEARLY LOW

0.2757 BRL

YEARLY AVERAGE

0.2946 BRL

2024 MXN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.3339. Conversely, the yearly low was recorded on September 28, dropping to 0.2757.

This high-to-low spread represents a total annual volatility of 0.0582 BRL. From a start-to-finish perspective, comparing the January average rate of 0.2878 to the December average rate of 0.3023, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3339 was up 14.17% compared to the 2023 peak of 0.2925, 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 16,696 BRL

2023 Average 14,088 BRL

Yearly Trough Low 13,786 BRL

Transaction Impact: A difference of 2,910.80 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3084

0.2804

JanuMarcMayJulySeptNove

MXN to BRL 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 0.2972, compared to 0.2921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.2972

H2 Avg (Jul–Dec) 0.2921

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0408 BRL (High: 0.3339 / Low: 0.2931). On the other end, February was the most stable month, with a tight range of 0.0040 BRL (High: 0.2919 / Low: 0.2878).

December Spread (Volatile) ±0.0408

February Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0160 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3023) against the same month in 2023 (average: 0.2853), the exchange rate shifted by +0.0170 (+5.97%).

2024 Avg (December) 0.3023

2023 Avg (December) 0.2853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2903	0.2858	0.2878
February	0.2919	0.2878	0.2905
March	0.3028	0.2912	0.2973
April	0.3103	0.2981	0.3050
May	0.3104	0.2986	0.3058
June	0.3090	0.2880	0.2968
July	0.3108	0.2990	0.3061
August	0.3038	0.2784	0.2901
September	0.2914	0.2757	0.2827
October	0.2911	0.2764	0.2857
November	0.2941	0.2791	0.2857
December	0.3339	0.2931	0.3023