2024 MXN to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 27.2651. Conversely, the yearly low was recorded on September 10, dropping to 23.7661.
This high-to-low spread represents a total annual volatility of 3.4989 KZT. From a start-to-finish perspective, comparing the January average rate of 26.4849 to the December average rate of 25.7263, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 27.2651 was down 1.93% compared to the 2023 peak of 27.8020, 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 2024.
MXN to KZT 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 26.2702, compared to 25.1065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1637 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.2850 KZT (High: 26.3158 / Low: 24.0309). On the other end, February was the most stable month, with a tight range of 0.5644 KZT (High: 26.6303 / Low: 26.0658).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.2632 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 26.5456) against the same month in 2023 (average: 24.9951), the exchange rate shifted by +1.5505 (+6.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.0076 | 25.7047 | 26.4849 |
| February | 26.6303 | 26.0658 | 26.3743 |
| March | 27.1763 | 26.3447 | 26.7928 |
| April | 27.2651 | 25.8157 | 26.5456 |
| May | 26.8145 | 26.0152 | 26.3278 |
| June | 26.3158 | 24.0309 | 25.0957 |
| July | 26.9260 | 25.3092 | 26.2591 |
| August | 25.7768 | 24.0842 | 24.9959 |
| September | 25.1362 | 23.7661 | 24.5157 |
| October | 25.5072 | 24.1462 | 24.7070 |
| November | 25.3435 | 24.0231 | 24.4350 |
| December | 26.1499 | 25.1398 | 25.7263 |