2024 MXN to GTQ Historical Review

YEARLY HIGH

0.4758 GTQ

YEARLY LOW

0.3695 GTQ

YEARLY AVERAGE

0.4262 GTQ

2024 MXN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.4758. Conversely, the yearly low was recorded on December 31, dropping to 0.3695.

This high-to-low spread represents a total annual volatility of 0.1063 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.4583 to the December average rate of 0.3805, the exchange rate registered a net change of -16.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4758 was up 1.13% compared to the 2023 peak of 0.4705, 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 23,790 GTQ

2023 Average 22,109 GTQ

Yearly Trough Low 18,473 GTQ

Transaction Impact: A difference of 5,316.99 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4737

0.3716

JanuMarcMayJulySeptNove

MXN to GTQ 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 0.4555, compared to 0.3970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0586 points.

H1 Avg (Jan–Jun) 0.4555

H2 Avg (Jul–Dec) 0.3970

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0433 GTQ (High: 0.4573 / Low: 0.4140). On the other end, February was the most stable month, with a tight range of 0.0058 GTQ (High: 0.4596 / Low: 0.4538).

June Spread (Volatile) ±0.0433

February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0351 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4629) against the same month in 2023 (average: 0.4312), the exchange rate shifted by +0.0317 (+7.36%).

2024 Avg (April) 0.4629

2023 Avg (April) 0.4312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4644	0.4515	0.4583
February	0.4596	0.4538	0.4570
March	0.4708	0.4576	0.4652
April	0.4758	0.4522	0.4629
May	0.4698	0.4563	0.4624
June	0.4573	0.4140	0.4273
July	0.4406	0.4130	0.4287
August	0.4167	0.3908	0.4042
September	0.4051	0.3852	0.3948
October	0.4029	0.3836	0.3934
November	0.3895	0.3723	0.3801
December	0.3837	0.3695	0.3805