2022 MXN to SGD Historical Review

YEARLY HIGH

0.0723 SGD

YEARLY LOW

0.0639 SGD

YEARLY AVERAGE

0.0686 SGD

2022 MXN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0723. Conversely, the yearly low was recorded on March 8, dropping to 0.0639.

This high-to-low spread represents a total annual volatility of 0.0084 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0690, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0723 was up 5.94% compared to the 2021 peak of 0.0682, 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 3,614 SGD

2021 Average 3,314 SGD

Yearly Trough Low 3,195 SGD

Transaction Impact: A difference of 419.04 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0718

0.0653

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 0.0674, compared to 0.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0674

H2 Avg (Jul–Dec) 0.0698

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0043 SGD (High: 0.0682 / Low: 0.0639). On the other end, April was the most stable month, with a tight range of 0.0014 SGD (High: 0.0689 / Low: 0.0675).

March Spread (Volatile) ±0.0043

April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0712) against the same month in 2021 (average: 0.0650), the exchange rate shifted by +0.0062 (+9.50%).

2022 Avg (November) 0.0712

2021 Avg (November) 0.0650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0666	0.0651	0.0659
February	0.0665	0.0651	0.0658
March	0.0682	0.0639	0.0662
April	0.0689	0.0675	0.0680
May	0.0699	0.0677	0.0691
June	0.0704	0.0677	0.0693
July	0.0689	0.0672	0.0680
August	0.0700	0.0665	0.0688
September	0.0713	0.0694	0.0705
October	0.0720	0.0704	0.0712
November	0.0723	0.0704	0.0712
December	0.0707	0.0682	0.0690