YEARLY HIGH
0.2556 PLN
YEARLY LOW
0.2192 PLN
YEARLY AVERAGE
0.2369 PLN

2023 MXN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.2556. Conversely, the yearly low was recorded on January 20, dropping to 0.2192.

This high-to-low spread represents a total annual volatility of 0.0364 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2286 to the December average rate of 0.2311, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2556 was up 1.98% compared to the 2022 peak of 0.2507, 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 12,781 PLN
2022 Average 11,094 PLN
Yearly Trough Low 10,961 PLN
Transaction Impact: A difference of 1,820.70 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2512
0.2266
JanuMarcMayJulySeptNove

MXN to PLN 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 0.2356, compared to 0.2381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.2356
H2 Avg (Jul–Dec) 0.2381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0218 PLN (High: 0.2512 / Low: 0.2295). On the other end, December was the most stable month, with a tight range of 0.0045 PLN (High: 0.2326 / Low: 0.2280).

October Spread (Volatile) ±0.0218
December Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2491) against the same month in 2022 (average: 0.2386), the exchange rate shifted by +0.0106 (+4.44%).

2023 Avg (September) 0.2491
2022 Avg (September) 0.2386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2334 0.2192 0.2286
February 0.2438 0.2296 0.2384
March 0.2469 0.2304 0.2381
April 0.2398 0.2286 0.2342
May 0.2398 0.2308 0.2357
June 0.2415 0.2349 0.2385
July 0.2418 0.2350 0.2375
August 0.2473 0.2348 0.2406
September 0.2556 0.2408 0.2491
October 0.2512 0.2295 0.2361
November 0.2388 0.2288 0.2341
December 0.2326 0.2280 0.2311