2020 MXN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 64.2489. Conversely, the yearly low was recorded on April 5, dropping to 48.9242.
This high-to-low spread represents a total annual volatility of 15.3247 KRW. From a start-to-finish perspective, comparing the January average rate of 62.0149 to the December average rate of 54.8486, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 64.2489 was up 2.43% compared to the 2019 peak of 62.7271, 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 2020.
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 56.2007, compared to 54.1687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0320 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 11.4717 KRW (High: 61.2629 / Low: 49.7912). On the other end, October was the most stable month, with a tight range of 1.2093 KRW (High: 54.1347 / Low: 52.9255).
Growth Streaks & Declines
TrendsBetween April and June, 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 8.6695 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 63.4100) against the same month in 2019 (average: 58.5483), the exchange rate shifted by +4.8617 (+8.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.4682 | 61.0643 | 62.0149 |
| February | 64.2489 | 61.2000 | 63.4100 |
| March | 61.2629 | 49.7912 | 54.7405 |
| April | 51.9479 | 48.9242 | 50.5085 |
| May | 55.7400 | 49.3083 | 52.4798 |
| June | 56.1296 | 52.0203 | 54.0506 |
| July | 54.6581 | 52.4763 | 53.5383 |
| August | 54.2890 | 52.6762 | 53.5966 |
| September | 56.0649 | 52.1889 | 54.4817 |
| October | 54.1347 | 52.9255 | 53.8643 |
| November | 55.5159 | 53.0174 | 54.6826 |
| December | 55.3734 | 54.0264 | 54.8486 |