2023 MXN to SBD Historical Review

YEARLY HIGH

0.5004 SBD

YEARLY LOW

0.4246 SBD

YEARLY AVERAGE

0.4713 SBD

2023 MXN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.5004. Conversely, the yearly low was recorded on January 1, dropping to 0.4246.

This high-to-low spread represents a total annual volatility of 0.0758 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4358 to the December average rate of 0.4927, the exchange rate registered a net change of 13.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5004 was up 16.52% compared to the 2022 peak of 0.4294, 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 25,018 SBD

2022 Average 20,246 SBD

Yearly Trough Low 21,229 SBD

Transaction Impact: A difference of 3,788.53 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5003

0.4300

JanuMarcMayJulySeptNove

MXN to SBD 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 0.4563, compared to 0.4862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.4563

H2 Avg (Jul–Dec) 0.4862

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0278 SBD (High: 0.4604 / Low: 0.4325). On the other end, April was the most stable month, with a tight range of 0.0105 SBD (High: 0.4630 / Low: 0.4526).

March Spread (Volatile) ±0.0278

April Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0194 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4945) against the same month in 2022 (average: 0.3978), the exchange rate shifted by +0.0967 (+24.30%).

2023 Avg (July) 0.4945

2022 Avg (July) 0.3978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4430	0.4246	0.4358
February	0.4502	0.4293	0.4428
March	0.4604	0.4325	0.4473
April	0.4630	0.4526	0.4590
May	0.4776	0.4623	0.4697
June	0.4880	0.4748	0.4834
July	0.5004	0.4859	0.4945
August	0.5001	0.4823	0.4927
September	0.4933	0.4731	0.4857
October	0.4815	0.4597	0.4663
November	0.4962	0.4724	0.4856
December	0.4987	0.4848	0.4927