2024 MXN to BZD Historical Review

YEARLY HIGH

0.1231 BZD

YEARLY LOW

0.0963 BZD

YEARLY AVERAGE

0.1106 BZD

2024 MXN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1231. Conversely, the yearly low was recorded on December 31, dropping to 0.0963.

This high-to-low spread represents a total annual volatility of 0.0269 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1182 to the December average rate of 0.0994, the exchange rate registered a net change of -15.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1231 was up 2.07% compared to the 2023 peak of 0.1206, 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 6,156 BZD

2023 Average 5,689 BZD

Yearly Trough Low 4,813 BZD

Transaction Impact: A difference of 1,343.32 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1222

0.0971

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 0.1178, compared to 0.1034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.1178

H2 Avg (Jul–Dec) 0.1034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0112 BZD (High: 0.1187 / Low: 0.1074). On the other end, February was the most stable month, with a tight range of 0.0014 BZD (High: 0.1186 / Low: 0.1172).

June Spread (Volatile) ±0.0112

February Spread (Stable) ±0.0014

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 0.0091 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1199) against the same month in 2023 (average: 0.1115), the exchange rate shifted by +0.0084 (+7.57%).

2024 Avg (April) 0.1199

2023 Avg (April) 0.1115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1197	0.1164	0.1182
February	0.1186	0.1172	0.1180
March	0.1217	0.1181	0.1201
April	0.1231	0.1172	0.1199
May	0.1219	0.1183	0.1200
June	0.1187	0.1074	0.1109
July	0.1142	0.1074	0.1113
August	0.1081	0.1018	0.1052
September	0.1056	0.1004	0.1029
October	0.1050	0.1000	0.1025
November	0.1017	0.0972	0.0992
December	0.1001	0.0963	0.0994