YEARLY HIGH
0.0726 SGD
YEARLY LOW
0.0689 SGD
YEARLY AVERAGE
0.0709 SGD

2019 MXN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.0726. Conversely, the yearly low was recorded on August 28, dropping to 0.0689.

This high-to-low spread represents a total annual volatility of 0.0037 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0707 to the December average rate of 0.0711, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0726 was down 1.71% compared to the 2018 peak of 0.0739, 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 3,631 SGD
2018 Average 3,512 SGD
Yearly Trough Low 3,445 SGD
Transaction Impact: A difference of 185.32 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0718
0.0702
JanuMarcMayJulySeptNove

MXN to SGD 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 0.0709, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0709
H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0027 SGD (High: 0.0716 / Low: 0.0689). On the other end, July was the most stable month, with a tight range of 0.0010 SGD (High: 0.0720 / Low: 0.0709).

August Spread (Volatile) ±0.0027
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0717) against the same month in 2018 (average: 0.0685), the exchange rate shifted by +0.0032 (+4.64%).

2019 Avg (May) 0.0717
2018 Avg (May) 0.0685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0717 0.0694 0.0707
February 0.0711 0.0700 0.0706
March 0.0715 0.0695 0.0703
April 0.0722 0.0704 0.0716
May 0.0726 0.0700 0.0717
June 0.0716 0.0690 0.0706
July 0.0720 0.0709 0.0715
August 0.0716 0.0689 0.0704
September 0.0709 0.0691 0.0705
October 0.0715 0.0699 0.0710
November 0.0712 0.0698 0.0706
December 0.0718 0.0697 0.0711