2019 MXN to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MXN to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MXN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 32.2407. Conversely, the yearly low was recorded on August 25, dropping to 27.8159.
This high-to-low spread represents a total annual volatility of 4.4248 CRC. From a start-to-finish perspective, comparing the January average rate of 31.4732 to the December average rate of 29.7015, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 32.2407 was up 1.81% compared to the 2018 peak of 31.6677, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MXN to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.2687, compared to 29.7608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 1.9274 CRC (High: 29.7433 / Low: 27.8159). On the other end, March was the most stable month, with a tight range of 0.7517 CRC (High: 31.7253 / Low: 30.9736).
Growth Streaks & Declines
TrendsBetween August and October, 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 July and August, when the average rate fell by 1.3931 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 31.7940) against the same month in 2018 (average: 30.6427), the exchange rate shifted by +1.1514 (+3.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.9939 | 30.7113 | 31.4732 |
| February | 32.2407 | 31.3312 | 31.7940 |
| March | 31.7253 | 30.9736 | 31.3330 |
| April | 32.1861 | 31.1033 | 31.6707 |
| May | 31.4608 | 29.9226 | 30.9648 |
| June | 30.8843 | 29.5727 | 30.3765 |
| July | 30.7488 | 29.8710 | 30.3151 |
| August | 29.7433 | 27.8159 | 28.9220 |
| September | 29.8453 | 28.2691 | 29.5044 |
| October | 30.6505 | 29.2315 | 30.1322 |
| November | 30.6225 | 28.7234 | 29.9898 |
| December | 30.1990 | 28.5593 | 29.7015 |