YEARLY HIGH
0.0647 CAD
YEARLY LOW
0.0584 CAD
YEARLY AVERAGE
0.0618 CAD

2021 MXN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0647. Conversely, the yearly low was recorded on November 26, dropping to 0.0584.

This high-to-low spread represents a total annual volatility of 0.0064 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0637 to the December average rate of 0.0613, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0647 was down 9.44% compared to the 2020 peak of 0.0715, 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 3,237 CAD
2020 Average 3,136 CAD
Yearly Trough Low 2,918 CAD
Transaction Impact: A difference of 318.81 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0641
0.0599
JanuMarcMayJulySeptNove

MXN to CAD 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 0.0618, compared to 0.0618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0618
H2 Avg (Jul–Dec) 0.0618

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0034 CAD (High: 0.0637 / Low: 0.0603). On the other end, May was the most stable month, with a tight range of 0.0008 CAD (High: 0.0610 / Low: 0.0602).

February Spread (Volatile) ±0.0034
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0637) against the same month in 2020 (average: 0.0696), the exchange rate shifted by -0.0058 (-8.36%).

2021 Avg (January) 0.0637
2020 Avg (January) 0.0696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0621 0.0637
February 0.0637 0.0603 0.0625
March 0.0615 0.0589 0.0605
April 0.0632 0.0607 0.0623
May 0.0610 0.0602 0.0607
June 0.0626 0.0601 0.0610
July 0.0636 0.0622 0.0627
August 0.0636 0.0622 0.0628
September 0.0638 0.0615 0.0632
October 0.0618 0.0598 0.0608
November 0.0612 0.0584 0.0602
December 0.0623 0.0596 0.0613