2023 MXN to CNY Historical Review

YEARLY HIGH

0.4356 CNY

YEARLY LOW

0.3538 CNY

YEARLY AVERAGE

0.3996 CNY

2023 MXN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.4356. Conversely, the yearly low was recorded on January 1, dropping to 0.3538.

This high-to-low spread represents a total annual volatility of 0.0818 CNY. From a start-to-finish perspective, comparing the January average rate of 0.3581 to the December average rate of 0.4147, the exchange rate registered a net change of 15.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4356 was up 16.70% compared to the 2022 peak of 0.3733, 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 21,782 CNY

2022 Average 16,752 CNY

Yearly Trough Low 17,690 CNY

Transaction Impact: A difference of 4,091.75 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4331

0.3513

JanuMarcMayJulySeptNove

MXN to CNY 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 0.3819, compared to 0.4174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.3819

H2 Avg (Jul–Dec) 0.4174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0255 CNY (High: 0.3867 / Low: 0.3613). On the other end, April was the most stable month, with a tight range of 0.0083 CNY (High: 0.3840 / Low: 0.3757).

March Spread (Volatile) ±0.0255

April Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0194 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4262) against the same month in 2022 (average: 0.3378), the exchange rate shifted by +0.0884 (+26.18%).

2023 Avg (August) 0.4262

2022 Avg (August) 0.3378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3631	0.3538	0.3581
February	0.3788	0.3544	0.3681
March	0.3867	0.3613	0.3746
April	0.3840	0.3757	0.3812
May	0.4021	0.3845	0.3942
June	0.4237	0.4033	0.4149
July	0.4324	0.4207	0.4248
August	0.4356	0.4132	0.4262
September	0.4275	0.4126	0.4217
October	0.4120	0.3938	0.4022
November	0.4201	0.4071	0.4147
December	0.4220	0.4057	0.4147