2024 MXN to MDL Historical Review

YEARLY HIGH

1.0799 MDL

YEARLY LOW

0.8624 MDL

YEARLY AVERAGE

0.9731 MDL

2024 MXN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1.0799. Conversely, the yearly low was recorded on September 10, dropping to 0.8624.

This high-to-low spread represents a total annual volatility of 0.2175 MDL. From a start-to-finish perspective, comparing the January average rate of 1.0331 to the December average rate of 0.9045, the exchange rate registered a net change of -12.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0799 was up 0.08% compared to the 2023 peak of 1.0791, 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 53,997 MDL

2023 Average 51,061 MDL

Yearly Trough Low 43,120 MDL

Transaction Impact: A difference of 10,877.11 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0713

0.8702

JanuMarcMayJulySeptNove

MXN to MDL 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 1.0347, compared to 0.9116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1231 points.

H1 Avg (Jan–Jun) 1.0347

H2 Avg (Jul–Dec) 0.9116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0975 MDL (High: 1.0373 / Low: 0.9398). On the other end, February was the most stable month, with a tight range of 0.0200 MDL (High: 1.0499 / Low: 1.0299).

June Spread (Volatile) ±0.0975

February Spread (Stable) ±0.0200

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0765 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.0546) against the same month in 2023 (average: 0.9984), the exchange rate shifted by +0.0562 (+5.63%).

2024 Avg (April) 1.0546

2023 Avg (April) 0.9984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0511	1.0156	1.0331
February	1.0499	1.0299	1.0416
March	1.0672	1.0408	1.0528
April	1.0799	1.0292	1.0546
May	1.0675	1.0338	1.0512
June	1.0373	0.9398	0.9747
July	1.0035	0.9404	0.9782
August	0.9442	0.8692	0.9132
September	0.9114	0.8624	0.8869
October	0.9140	0.8830	0.8987
November	0.9036	0.8690	0.8880
December	0.9149	0.8809	0.9045