YEARLY HIGH
0.1029 BZD
YEARLY LOW
0.0920 BZD
YEARLY AVERAGE
0.0994 BZD

2021 MXN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.1029. Conversely, the yearly low was recorded on November 27, dropping to 0.0920.

This high-to-low spread represents a total annual volatility of 0.0109 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1010 to the December average rate of 0.0965, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1029 was down 5.38% compared to the 2020 peak of 0.1088, 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 5,145 BZD
2020 Average 4,720 BZD
Yearly Trough Low 4,600 BZD
Transaction Impact: A difference of 545.02 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1015
0.0960
JanuMarcMayJulySeptNove

MXN to BZD 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 0.0999, compared to 0.0989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0999
H2 Avg (Jul–Dec) 0.0989

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0072 BZD (High: 0.0992 / Low: 0.0920). On the other end, July was the most stable month, with a tight range of 0.0020 BZD (High: 0.1020 / Low: 0.1000).

November Spread (Volatile) ±0.0072
July Spread (Stable) ±0.0020

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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1010) against the same month in 2020 (average: 0.1072), the exchange rate shifted by -0.0062 (-5.78%).

2021 Avg (January) 0.1010
2020 Avg (January) 0.1072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1029 0.0978 0.1010
February 0.1011 0.0963 0.0993
March 0.0990 0.0938 0.0970
April 0.1019 0.0989 0.1005
May 0.1019 0.0995 0.1009
June 0.1023 0.0975 0.1006
July 0.1020 0.1000 0.1010
August 0.1014 0.0987 0.1004
September 0.1015 0.0977 0.1006
October 0.0999 0.0966 0.0985
November 0.0992 0.0920 0.0965
December 0.0985 0.0938 0.0965