2017 MXN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MXN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MXN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 64.4798. Conversely, the yearly low was recorded on January 19, dropping to 53.5721.
This high-to-low spread represents a total annual volatility of 10.9077 KRW. From a start-to-finish perspective, comparing the January average rate of 55.3873 to the December average rate of 56.3721, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 64.4798 was down 6.25% compared to the 2016 peak of 68.7749, 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 2017.
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 58.8879, compared to 60.9298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0419 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 4.6608 KRW (High: 58.2329 / Low: 53.5721). On the other end, November was the most stable month, with a tight range of 1.2672 KRW (High: 58.8146 / Low: 57.5475).
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 September and October, when the average rate fell by 3.3613 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 63.5779) against the same month in 2016 (average: 60.1318), the exchange rate shifted by +3.4461 (+5.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.2329 | 53.5721 | 55.3873 |
| February | 57.5418 | 55.1625 | 56.3220 |
| March | 59.7103 | 57.4409 | 58.8622 |
| April | 61.4629 | 59.0914 | 60.5106 |
| May | 60.7894 | 59.0698 | 59.9654 |
| June | 63.8544 | 59.7187 | 62.2800 |
| July | 64.3210 | 62.8558 | 63.6017 |
| August | 64.4798 | 62.4226 | 63.5779 |
| September | 64.2941 | 62.7384 | 63.5592 |
| October | 62.8423 | 58.3433 | 60.1978 |
| November | 58.8146 | 57.5475 | 58.2699 |
| December | 58.3573 | 54.1317 | 56.3721 |