2020 MXN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 738.8049. Conversely, the yearly low was recorded on May 1, dropping to 596.6388.
This high-to-low spread represents a total annual volatility of 142.1661 IDR. From a start-to-finish perspective, comparing the January average rate of 729.6607 to the December average rate of 707.5460, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 738.8049 was down 3.37% compared to the 2019 peak of 764.5925, 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 2020.
MXN to IDR 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 676.7763, compared to 682.2618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4855 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 91.9939 IDR (High: 733.0238 / Low: 641.0299). On the other end, December was the most stable month, with a tight range of 19.3879 IDR (High: 715.5064 / Low: 696.1185).
Growth Streaks & Declines
TrendsBetween May and December, 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 February and March, when the average rate fell by 48.5709 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 729.6263) against the same month in 2019 (average: 731.5256), the exchange rate shifted by -1.8994 (-0.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 738.3053 | 699.5397 | 729.6607 |
| February | 738.8049 | 712.6140 | 729.6263 |
| March | 733.0238 | 641.0299 | 681.0554 |
| April | 678.4667 | 614.0743 | 650.7806 |
| May | 665.6929 | 596.6388 | 633.5636 |
| June | 664.2055 | 611.2673 | 635.9714 |
| July | 664.0524 | 627.6038 | 648.4769 |
| August | 678.2193 | 641.0341 | 663.1201 |
| September | 709.5223 | 661.9418 | 685.8422 |
| October | 702.3442 | 678.6230 | 692.1542 |
| November | 707.7430 | 683.6418 | 696.4312 |
| December | 715.5064 | 696.1185 | 707.5460 |