YEARLY HIGH
53.9448 KPW
YEARLY LOW
46.1603 KPW
YEARLY AVERAGE
50.8145 KPW

2023 MXN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 53.9448. Conversely, the yearly low was recorded on January 1, dropping to 46.1603.

This high-to-low spread represents a total annual volatility of 7.7845 KPW. From a start-to-finish perspective, comparing the January average rate of 47.4640 to the December average rate of 52.4325, the exchange rate registered a net change of 10.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.9448 was up 14.74% compared to the 2022 peak of 47.0138, 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 2,697,240 KPW
2022 Average 2,238,911 KPW
Yearly Trough Low 2,308,016 KPW
Transaction Impact: A difference of 389,224.28 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.7689
46.8908
JanuMarcMayJulySeptNove

MXN to KPW 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 49.5925, compared to 52.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4440 points.

H1 Avg (Jan–Jun) 49.5925
H2 Avg (Jul–Dec) 52.0365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.7644 KPW (High: 50.1208 / Low: 47.3564). On the other end, April was the most stable month, with a tight range of 0.9060 KPW (High: 50.0550 / Low: 49.1491).

March Spread (Volatile) ±2.7644
April Spread (Stable) ±0.9060

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.2737 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.2737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 53.1958) against the same month in 2022 (average: 43.9013), the exchange rate shifted by +9.2945 (+21.17%).

2023 Avg (July) 53.1958
2022 Avg (July) 43.9013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.2406 46.1603 47.4640
February 49.1684 46.9457 48.4036
March 50.1208 47.3564 48.9109
April 50.0550 49.1491 49.8135
May 51.5802 50.0648 50.7708
June 52.6951 51.2374 52.1921
July 53.9448 52.2211 53.1958
August 53.7821 51.9132 52.9867
September 52.7520 50.8791 52.0372
October 51.6927 49.0625 49.7636
November 52.5891 50.5802 51.8030
December 53.1767 51.5007 52.4325