2024 MXN to EUR Historical Review

YEARLY HIGH

0.0567 EUR

YEARLY LOW

0.0451 EUR

YEARLY AVERAGE

0.0507 EUR

2024 MXN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.0567. Conversely, the yearly low was recorded on September 6, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0116 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0537 to the December average rate of 0.0472, the exchange rate registered a net change of -12.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0567 was up 2.45% compared to the 2023 peak of 0.0553, 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 2,835 EUR

2023 Average 2,609 EUR

Yearly Trough Low 2,256 EUR

Transaction Impact: A difference of 579.06 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0564

0.0450

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 0.0541, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0541

H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0050 EUR (High: 0.0543 / Low: 0.0493). On the other end, February was the most stable month, with a tight range of 0.0007 EUR (High: 0.0545 / Low: 0.0538).

June Spread (Volatile) ±0.0050

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0555) against the same month in 2023 (average: 0.0504), the exchange rate shifted by +0.0051 (+10.17%).

2024 Avg (April) 0.0555

2023 Avg (April) 0.0504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0542	0.0532	0.0537
February	0.0545	0.0538	0.0542
March	0.0560	0.0541	0.0549
April	0.0567	0.0542	0.0555
May	0.0556	0.0541	0.0551
June	0.0543	0.0493	0.0511
July	0.0520	0.0493	0.0509
August	0.0490	0.0452	0.0474
September	0.0471	0.0451	0.0459
October	0.0474	0.0457	0.0466
November	0.0470	0.0453	0.0463
December	0.0478	0.0463	0.0472