YEARLY HIGH
0.2716 PLN
YEARLY LOW
0.1933 PLN
YEARLY AVERAGE
0.2186 PLN

2024 MXN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2716. Conversely, the yearly low was recorded on September 10, dropping to 0.1933.

This high-to-low spread represents a total annual volatility of 0.0783 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2357 to the December average rate of 0.2013, the exchange rate registered a net change of -14.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2716 was up 6.23% compared to the 2023 peak of 0.2556, 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 13,578 PLN
2023 Average 11,841 PLN
Yearly Trough Low 9,664 PLN
Transaction Impact: A difference of 3,914.29 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2430
0.1922
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 0.2337, compared to 0.2035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0302 points.

H1 Avg (Jan–Jun) 0.2337
H2 Avg (Jul–Dec) 0.2035

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0389 PLN (High: 0.2716 / Low: 0.2327). On the other end, February was the most stable month, with a tight range of 0.0048 PLN (High: 0.2372 / Low: 0.2324).

January Spread (Volatile) ±0.0389
February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0149 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2357) against the same month in 2023 (average: 0.2286), the exchange rate shifted by +0.0071 (+3.09%).

2024 Avg (January) 0.2357
2023 Avg (January) 0.2286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2716 0.2327 0.2357
February 0.2372 0.2324 0.2344
March 0.2409 0.2328 0.2363
April 0.2425 0.2338 0.2388
May 0.2381 0.2315 0.2358
June 0.2321 0.2136 0.2209
July 0.2225 0.2113 0.2179
August 0.2107 0.1937 0.2033
September 0.2015 0.1933 0.1965
October 0.2042 0.1974 0.2014
November 0.2038 0.1977 0.2006
December 0.2036 0.1981 0.2013