2024 MXN to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 27.8580. Conversely, the yearly low was recorded on September 10, dropping to 22.2222.
This high-to-low spread represents a total annual volatility of 5.6358 KMF. From a start-to-finish perspective, comparing the January average rate of 26.4613 to the December average rate of 23.2058, the exchange rate registered a net change of -12.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 27.8580 was up 2.34% compared to the 2023 peak of 27.2206, 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 2024.
MXN to KMF 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 26.6250, compared to 23.3397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2853 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.4795 KMF (High: 26.7598 / Low: 24.2803). On the other end, February was the most stable month, with a tight range of 0.4307 KMF (High: 26.9024 / Low: 26.4717).
Growth Streaks & Declines
TrendsBetween 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 1.9949 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 27.3057) against the same month in 2023 (average: 24.8460), the exchange rate shifted by +2.4598 (+9.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.6984 | 26.1201 | 26.4613 |
| February | 26.9024 | 26.4717 | 26.6846 |
| March | 27.5600 | 26.7118 | 27.0233 |
| April | 27.8580 | 26.7224 | 27.3057 |
| May | 27.3898 | 26.6917 | 27.1351 |
| June | 26.7598 | 24.2803 | 25.1402 |
| July | 25.7735 | 24.2660 | 25.0956 |
| August | 24.1141 | 22.2996 | 23.3642 |
| September | 23.2377 | 22.2222 | 22.6353 |
| October | 23.3172 | 22.5378 | 22.9530 |
| November | 23.2112 | 22.3360 | 22.7845 |
| December | 23.4986 | 22.7696 | 23.2058 |