2024 MXN to LYD Historical Review

YEARLY HIGH

0.2954 LYD

YEARLY LOW

0.2355 LYD

YEARLY AVERAGE

0.2652 LYD

2024 MXN to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2954. Conversely, the yearly low was recorded on November 12, dropping to 0.2355.

This high-to-low spread represents a total annual volatility of 0.0599 LYD. From a start-to-finish perspective, comparing the January average rate of 0.2817 to the December average rate of 0.2416, the exchange rate registered a net change of -14.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2954 was up 2.33% compared to the 2023 peak of 0.2886, 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 14,768 LYD

2023 Average 13,581 LYD

Yearly Trough Low 11,773 LYD

Transaction Impact: A difference of 2,994.78 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2938

0.2344

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 0.2828, compared to 0.2476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.2828

H2 Avg (Jul–Dec) 0.2476

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0269 LYD (High: 0.2856 / Low: 0.2587). On the other end, February was the most stable month, with a tight range of 0.0032 LYD (High: 0.2847 / Low: 0.2815).

June Spread (Volatile) ±0.0269

February Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0220 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2886) against the same month in 2023 (average: 0.2635), the exchange rate shifted by +0.0251 (+9.52%).

2024 Avg (April) 0.2886

2023 Avg (April) 0.2635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2850	0.2780	0.2817
February	0.2847	0.2815	0.2831
March	0.2918	0.2832	0.2875
April	0.2954	0.2829	0.2886
May	0.2922	0.2847	0.2888
June	0.2856	0.2587	0.2668
July	0.2748	0.2573	0.2676
August	0.2574	0.2391	0.2501
September	0.2499	0.2371	0.2428
October	0.2487	0.2394	0.2439
November	0.2445	0.2355	0.2394
December	0.2447	0.2356	0.2416