2016 MXN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MXN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MXN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 68.7749. Conversely, the yearly low was recorded on September 26, dropping to 55.6715.
This high-to-low spread represents a total annual volatility of 13.1034 KRW. From a start-to-finish perspective, comparing the January average rate of 66.6474 to the December average rate of 57.6949, the exchange rate registered a net change of -13.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 68.7749 was down 7.89% compared to the 2015 peak of 74.6681, 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 2016.
MXN to KRW 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 65.4785, compared to 59.0964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 5.7663 KRW (High: 61.8024 / Low: 56.0361). On the other end, April was the most stable month, with a tight range of 1.6497 KRW (High: 66.4560 / Low: 64.8063).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.2930 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 67.1700) against the same month in 2015 (average: 73.0375), the exchange rate shifted by -5.8676 (-8.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.5850 | 64.4187 | 66.6474 |
| February | 68.2559 | 62.8815 | 66.0090 |
| March | 68.7749 | 66.2640 | 67.1700 |
| April | 66.4560 | 64.8063 | 65.6134 |
| May | 66.5430 | 64.0271 | 64.8042 |
| June | 64.5026 | 61.7418 | 62.6268 |
| July | 62.5658 | 59.4321 | 61.4195 |
| August | 61.3035 | 58.6478 | 60.1318 |
| September | 60.1632 | 55.6715 | 57.8389 |
| October | 61.1248 | 56.7212 | 59.4837 |
| November | 61.8024 | 56.0361 | 58.0097 |
| December | 58.4895 | 56.4230 | 57.6949 |