2023 MXN to SCR Historical Review

YEARLY HIGH

0.8374 SCR

YEARLY LOW

0.6634 SCR

YEARLY AVERAGE

0.7588 SCR

2023 MXN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.8374. Conversely, the yearly low was recorded on January 2, dropping to 0.6634.

This high-to-low spread represents a total annual volatility of 0.1740 SCR. From a start-to-finish perspective, comparing the January average rate of 0.7145 to the December average rate of 0.7828, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8374 was up 13.71% compared to the 2022 peak of 0.7364, 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 41,869 SCR

2022 Average 33,729 SCR

Yearly Trough Low 33,171 SCR

Transaction Impact: A difference of 8,698.21 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8029

0.7064

JanuMarcMayJulySeptNove

MXN to SCR 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 0.7467, compared to 0.7710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 0.7467

H2 Avg (Jul–Dec) 0.7710

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0917 SCR (High: 0.7938 / Low: 0.7021). On the other end, August was the most stable month, with a tight range of 0.0339 SCR (High: 0.8026 / Low: 0.7688).

October Spread (Volatile) ±0.0917

August Spread (Stable) ±0.0339

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0275 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7900) against the same month in 2022 (average: 0.6468), the exchange rate shifted by +0.1432 (+22.14%).

2023 Avg (July) 0.7900

2022 Avg (July) 0.6468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7532	0.6634	0.7145
February	0.7665	0.6909	0.7292
March	0.7799	0.6922	0.7318
April	0.7760	0.7156	0.7480
May	0.7996	0.7314	0.7617
June	0.8288	0.7561	0.7949
July	0.8374	0.7583	0.7900
August	0.8026	0.7688	0.7873
September	0.7980	0.7327	0.7598
October	0.7938	0.7021	0.7370
November	0.8010	0.7347	0.7690
December	0.8229	0.7388	0.7828