YEARLY HIGH
0.0432 EUR
YEARLY LOW
0.0392 EUR
YEARLY AVERAGE
0.0417 EUR

2021 MXN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0432. Conversely, the yearly low was recorded on March 8, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0039 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0412 to the December average rate of 0.0423, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0432 was down 13.38% compared to the 2020 peak of 0.0498, 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 2,158 EUR
2020 Average 2,053 EUR
Yearly Trough Low 1,962 EUR
Transaction Impact: A difference of 195.68 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0426
0.0403
JanuMarcMayJulySeptNove

MXN to EUR 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 0.0411, compared to 0.0423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0411
H2 Avg (Jul–Dec) 0.0423

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0025 EUR (High: 0.0417 / Low: 0.0392). On the other end, July was the most stable month, with a tight range of 0.0005 EUR (High: 0.0426 / Low: 0.0421).

March Spread (Volatile) ±0.0025
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0423) against the same month in 2020 (average: 0.0412), the exchange rate shifted by +0.0012 (+2.81%).

2021 Avg (December) 0.0423
2020 Avg (December) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0421 0.0400 0.0412
February 0.0414 0.0393 0.0407
March 0.0417 0.0392 0.0405
April 0.0419 0.0411 0.0417
May 0.0416 0.0410 0.0412
June 0.0424 0.0408 0.0415
July 0.0426 0.0421 0.0424
August 0.0427 0.0418 0.0423
September 0.0426 0.0419 0.0424
October 0.0427 0.0415 0.0422
November 0.0428 0.0403 0.0420
December 0.0432 0.0411 0.0423