2024 MXN to SBD Historical Review

YEARLY HIGH

0.5207 SBD

YEARLY LOW

0.4017 SBD

YEARLY AVERAGE

0.4626 SBD

2024 MXN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.5207. Conversely, the yearly low was recorded on December 31, dropping to 0.4017.

This high-to-low spread represents a total annual volatility of 0.1190 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4937 to the December average rate of 0.4138, the exchange rate registered a net change of -16.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5207 was up 4.06% compared to the 2023 peak of 0.5004, 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 26,034 SBD

2023 Average 23,572 SBD

Yearly Trough Low 20,086 SBD

Transaction Impact: A difference of 5,948.08 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5145

0.4020

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 0.4947, compared to 0.4305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 0.4947

H2 Avg (Jul–Dec) 0.4305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0493 SBD (High: 0.5001 / Low: 0.4508). On the other end, February was the most stable month, with a tight range of 0.0088 SBD (High: 0.4993 / Low: 0.4905).

June Spread (Volatile) ±0.0493

February Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and March, 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 0.0396 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.5049) against the same month in 2023 (average: 0.4473), the exchange rate shifted by +0.0576 (+12.89%).

2024 Avg (March) 0.5049

2023 Avg (March) 0.4473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5021	0.4825	0.4937
February	0.4993	0.4905	0.4946
March	0.5207	0.4981	0.5049
April	0.5191	0.4926	0.5045
May	0.5131	0.4978	0.5051
June	0.5001	0.4508	0.4655
July	0.4792	0.4477	0.4668
August	0.4564	0.4247	0.4429
September	0.4368	0.4148	0.4257
October	0.4303	0.4131	0.4223
November	0.4215	0.4049	0.4114
December	0.4178	0.4017	0.4138