2024 MXN to SCR Historical Review

YEARLY HIGH

0.8477 SCR

YEARLY LOW

0.6480 SCR

YEARLY AVERAGE

0.7501 SCR

2024 MXN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.8477. Conversely, the yearly low was recorded on August 27, dropping to 0.6480.

This high-to-low spread represents a total annual volatility of 0.1997 SCR. From a start-to-finish perspective, comparing the January average rate of 0.7846 to the December average rate of 0.6971, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8477 was up 1.23% compared to the 2023 peak of 0.8374, 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 42,383 SCR

2023 Average 37,949 SCR

Yearly Trough Low 32,400 SCR

Transaction Impact: A difference of 9,983.26 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8267

0.6630

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 0.7941, compared to 0.7062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0879 points.

H1 Avg (Jan–Jun) 0.7941

H2 Avg (Jul–Dec) 0.7062

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1211 SCR (High: 0.7691 / Low: 0.6480). On the other end, May was the most stable month, with a tight range of 0.0387 SCR (High: 0.8319 / Low: 0.7932).

August Spread (Volatile) ±0.1211

May Spread (Stable) ±0.0387

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 0.0531 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.8106) against the same month in 2023 (average: 0.7318), the exchange rate shifted by +0.0788 (+10.77%).

2024 Avg (March) 0.8106

2023 Avg (March) 0.7318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8154	0.7590	0.7846
February	0.8106	0.7663	0.7875
March	0.8477	0.7927	0.8106
April	0.8398	0.7885	0.8086
May	0.8319	0.7932	0.8130
June	0.8119	0.7317	0.7599
July	0.7919	0.7305	0.7623
August	0.7691	0.6480	0.7175
September	0.7103	0.6617	0.6863
October	0.7746	0.6567	0.6972
November	0.7001	0.6579	0.6767
December	0.7495	0.6518	0.6971