2024 MXN to PEN Historical Review

YEARLY HIGH

0.2273 PEN

YEARLY LOW

0.1801 PEN

YEARLY AVERAGE

0.2060 PEN

2024 MXN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.2273. Conversely, the yearly low was recorded on December 31, dropping to 0.1801.

This high-to-low spread represents a total annual volatility of 0.0473 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2188 to the December average rate of 0.1843, the exchange rate registered a net change of -15.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2273 was up 1.76% compared to the 2023 peak of 0.2234, 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 11,367 PEN

2023 Average 10,554 PEN

Yearly Trough Low 9,003 PEN

Transaction Impact: A difference of 2,363.65 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2280

0.1803

JanuMarcMayJulySeptNove

MXN to PEN 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 0.2193, compared to 0.1927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.2193

H2 Avg (Jul–Dec) 0.1927

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0197 PEN (High: 0.2209 / Low: 0.2011). On the other end, December was the most stable month, with a tight range of 0.0055 PEN (High: 0.1856 / Low: 0.1801).

June Spread (Volatile) ±0.0197

December Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0140 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2240) against the same month in 2023 (average: 0.2064), the exchange rate shifted by +0.0176 (+8.55%).

2024 Avg (February) 0.2240

2023 Avg (February) 0.2064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2223	0.2151	0.2188
February	0.2273	0.2211	0.2240
March	0.2247	0.2191	0.2215
April	0.2262	0.2154	0.2211
May	0.2260	0.2194	0.2221
June	0.2209	0.2011	0.2081
July	0.2134	0.1990	0.2080
August	0.2011	0.1888	0.1951
September	0.1981	0.1888	0.1924
October	0.1948	0.1871	0.1907
November	0.1903	0.1824	0.1861
December	0.1856	0.1801	0.1843