2024 MXN to BSD Historical Review

YEARLY HIGH

0.0612 BSD

YEARLY LOW

0.0479 BSD

YEARLY AVERAGE

0.0549 BSD

2024 MXN to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0612. Conversely, the yearly low was recorded on December 31, dropping to 0.0479.

This high-to-low spread represents a total annual volatility of 0.0133 BSD. From a start-to-finish perspective, comparing the January average rate of 0.0586 to the December average rate of 0.0494, the exchange rate registered a net change of -15.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0612 was up 2.18% compared to the 2023 peak of 0.0599, 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 3,062 BSD

2023 Average 2,824 BSD

Yearly Trough Low 2,396 BSD

Transaction Impact: A difference of 666.39 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0607

0.0482

JanuMarcMayJulySeptNove

MXN to BSD 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 0.0585, compared to 0.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0585

H2 Avg (Jul–Dec) 0.0513

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0056 BSD (High: 0.0589 / Low: 0.0533). On the other end, February was the most stable month, with a tight range of 0.0006 BSD (High: 0.0587 / Low: 0.0581).

June Spread (Volatile) ±0.0056

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0045 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0595) against the same month in 2023 (average: 0.0553), the exchange rate shifted by +0.0042 (+7.50%).

2024 Avg (April) 0.0595

2023 Avg (April) 0.0553

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0594	0.0578	0.0586
February	0.0587	0.0581	0.0585
March	0.0604	0.0588	0.0596
April	0.0612	0.0581	0.0595
May	0.0604	0.0587	0.0595
June	0.0589	0.0533	0.0550
July	0.0568	0.0533	0.0553
August	0.0537	0.0504	0.0522
September	0.0523	0.0498	0.0510
October	0.0519	0.0496	0.0508
November	0.0505	0.0484	0.0492
December	0.0498	0.0479	0.0494