YEARLY HIGH
1.1381 LSL
YEARLY LOW
0.8705 LSL
YEARLY AVERAGE
1.0428 LSL

2023 MXN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1.1381. Conversely, the yearly low was recorded on January 1, dropping to 0.8705.

This high-to-low spread represents a total annual volatility of 0.2677 LSL. From a start-to-finish perspective, comparing the January average rate of 0.9021 to the December average rate of 1.0876, the exchange rate registered a net change of 20.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1381 was up 20.84% compared to the 2022 peak of 0.9418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 56,907 LSL
2022 Average 40,726 LSL
Yearly Trough Low 43,524 LSL
Transaction Impact: A difference of 13,382.74 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1273
0.8816
JanuMarcMayJulySeptNove

MXN to LSL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0036, compared to 1.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0784 points.

H1 Avg (Jan–Jun) 1.0036
H2 Avg (Jul–Dec) 1.0820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1030 LSL (High: 1.0070 / Low: 0.9040). On the other end, September was the most stable month, with a tight range of 0.0363 LSL (High: 1.1134 / Low: 1.0771).

February Spread (Volatile) ±0.1030
September Spread (Stable) ±0.0363

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0425 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1.1068) against the same month in 2022 (average: 0.8296), the exchange rate shifted by +0.2772 (+33.41%).

2023 Avg (August) 1.1068
2022 Avg (August) 0.8296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9252 0.8705 0.9021
February 1.0070 0.9040 0.9632
March 1.0357 0.9576 0.9926
April 1.0196 0.9811 1.0038
May 1.1183 1.0211 1.0742
June 1.1266 1.0587 1.0858
July 1.1060 1.0426 1.0770
August 1.1381 1.0648 1.1068
September 1.1134 1.0771 1.0962
October 1.0856 1.0324 1.0537
November 1.1126 1.0393 1.0706
December 1.1103 1.0600 1.0876