2021 MXN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MXN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MXN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 2149.5962. Conversely, the yearly low was recorded on November 27, dropping to 1929.3869.
This high-to-low spread represents a total annual volatility of 220.2092 IRR. From a start-to-finish perspective, comparing the January average rate of 2108.9658 to the December average rate of 2022.9267, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 2149.5962 was down 25.95% compared to the 2020 peak of 2903.0885, 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 2021.
MXN to IRR 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 2086.5674, compared to 2071.6932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.8742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 149.0282 IRR (High: 2078.4151 / Low: 1929.3869). On the other end, July was the most stable month, with a tight range of 37.6257 IRR (High: 2129.4781 / Low: 2091.8524).
Growth Streaks & Declines
TrendsBetween March and May, 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 February and March, when the average rate fell by 46.1987 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 2108.9658) against the same month in 2020 (average: 2239.3159), the exchange rate shifted by -130.3500 (-5.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2149.5962 | 2044.8948 | 2108.9658 |
| February | 2111.8813 | 2012.0266 | 2073.9848 |
| March | 2067.6508 | 1958.4182 | 2027.7862 |
| April | 2124.6480 | 2072.6371 | 2098.9701 |
| May | 2128.9666 | 2078.7167 | 2108.2372 |
| June | 2136.6825 | 2036.5619 | 2101.4605 |
| July | 2129.4781 | 2091.8524 | 2112.1848 |
| August | 2121.6373 | 2069.9008 | 2099.9898 |
| September | 2125.6200 | 2046.3923 | 2106.9417 |
| October | 2095.4447 | 2022.4816 | 2064.1799 |
| November | 2078.4151 | 1929.3869 | 2023.9362 |
| December | 2065.9642 | 1968.0517 | 2022.9267 |