2022 MXN to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MXN to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MXN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 817.9089. Conversely, the yearly low was recorded on March 8, dropping to 672.2435.
This high-to-low spread represents a total annual volatility of 145.6654 IDR. From a start-to-finish perspective, comparing the January average rate of 699.1283 to the December average rate of 794.8712, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 817.9089 was up 11.26% compared to the 2021 peak of 735.1568, 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 2022.
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 713.5473, compared to 764.4226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.8753 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 49.6055 IDR (High: 721.8491 / Low: 672.2435). On the other end, February was the most stable month, with a tight range of 12.5009 IDR (High: 708.8082 / Low: 696.3073).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 9.7463 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 804.6175) against the same month in 2021 (average: 684.3247), the exchange rate shifted by +120.2929 (+17.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 706.2055 | 690.5092 | 699.1283 |
| February | 708.8082 | 696.3073 | 701.3901 |
| March | 721.8491 | 672.2435 | 698.5645 |
| April | 727.1734 | 707.8248 | 717.2755 |
| May | 744.0706 | 709.7150 | 728.9192 |
| June | 746.4801 | 718.5843 | 736.0065 |
| July | 739.4576 | 717.7088 | 730.1866 |
| August | 746.1776 | 715.6647 | 736.7368 |
| September | 759.5642 | 739.0313 | 747.7660 |
| October | 788.7516 | 756.9344 | 772.3577 |
| November | 817.9089 | 793.2836 | 804.6175 |
| December | 812.5687 | 786.2721 | 794.8712 |