2022 MXN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MXN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MXN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 72.5179. Conversely, the yearly low was recorded on March 8, dropping to 57.7583.
This high-to-low spread represents a total annual volatility of 14.7596 KRW. From a start-to-finish perspective, comparing the January average rate of 58.3377 to the December average rate of 66.0667, the exchange rate registered a net change of 13.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 72.5179 was up 22.80% compared to the 2021 peak of 59.0519, 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 2022.
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 60.8711, compared to 67.6643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7932 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 5.0523 KRW (High: 72.3847 / Low: 67.3324). On the other end, January was the most stable month, with a tight range of 0.8947 KRW (High: 58.8101 / Low: 57.9154).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.5168 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 71.4647) against the same month in 2021 (average: 57.7975), the exchange rate shifted by +13.6673 (+23.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.8101 | 57.9154 | 58.3377 |
| February | 59.0275 | 57.9467 | 58.5312 |
| March | 61.1679 | 57.7583 | 59.4544 |
| April | 62.3587 | 60.3877 | 61.5871 |
| May | 64.1839 | 61.8574 | 63.3277 |
| June | 64.9166 | 62.6980 | 63.9884 |
| July | 64.5065 | 62.5627 | 63.7200 |
| August | 67.3264 | 63.1768 | 65.6394 |
| September | 71.4825 | 67.1968 | 69.5112 |
| October | 72.5179 | 70.0296 | 71.4647 |
| November | 72.3847 | 67.3324 | 69.5835 |
| December | 68.1309 | 64.7406 | 66.0667 |