2023 MXN to LYD Historical Review

YEARLY HIGH

0.2886 LYD

YEARLY LOW

0.2475 LYD

YEARLY AVERAGE

0.2715 LYD

2023 MXN to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.2886. Conversely, the yearly low was recorded on January 3, dropping to 0.2475.

This high-to-low spread represents a total annual volatility of 0.0411 LYD. From a start-to-finish perspective, comparing the January average rate of 0.2521 to the December average rate of 0.2801, the exchange rate registered a net change of 11.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2886 was up 11.78% compared to the 2022 peak of 0.2582, 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 14,432 LYD

2022 Average 11,958 LYD

Yearly Trough Low 12,377 LYD

Transaction Impact: A difference of 2,054.50 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2862

0.2490

JanuMarcMayJulySeptNove

MXN to LYD 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 0.2639, compared to 0.2792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.2639

H2 Avg (Jul–Dec) 0.2792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0173 LYD (High: 0.2687 / Low: 0.2514). On the other end, April was the most stable month, with a tight range of 0.0048 LYD (High: 0.2653 / Low: 0.2605).

March Spread (Volatile) ±0.0173

April Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0101 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2831) against the same month in 2022 (average: 0.2429), the exchange rate shifted by +0.0402 (+16.56%).

2023 Avg (August) 0.2831

2022 Avg (August) 0.2429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2553	0.2475	0.2521
February	0.2648	0.2478	0.2579
March	0.2687	0.2514	0.2612
April	0.2653	0.2605	0.2635
May	0.2742	0.2649	0.2698
June	0.2819	0.2748	0.2792
July	0.2855	0.2786	0.2819
August	0.2886	0.2766	0.2831
September	0.2850	0.2752	0.2805
October	0.2812	0.2658	0.2704
November	0.2826	0.2737	0.2789
December	0.2829	0.2758	0.2801