YEARLY HIGH
1256.8840 SLL
YEARLY LOW
906.0245 SLL
YEARLY AVERAGE
1078.7562 SLL

2023 MXN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 1256.8840. Conversely, the yearly low was recorded on January 1, dropping to 906.0245.

This high-to-low spread represents a total annual volatility of 350.8595 SLL. From a start-to-finish perspective, comparing the January average rate of 931.6125 to the December average rate of 1221.6477, the exchange rate registered a net change of 31.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1256.8840 was up 36.21% compared to the 2022 peak of 922.7772, 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 62,844,198 SLL
2022 Average 34,226,719 SLL
Yearly Trough Low 45,301,223 SLL
Transaction Impact: A difference of 17,542,974.56 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1264.8567
901.3176
JanuMarcMayJulySeptNove

MXN to SLL 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 973.3902, compared to 1184.1222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.7320 points.

H1 Avg (Jan–Jun) 973.3902
H2 Avg (Jul–Dec) 1184.1222

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 231.8990 SLL (High: 1256.8840 / Low: 1024.9849). On the other end, April was the most stable month, with a tight range of 17.7823 SLL (High: 982.4693 / Low: 964.6870).

July Spread (Volatile) ±231.8990
April Spread (Stable) ±17.7823

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 52.9749 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -52.9749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1069.6405) against the same month in 2022 (average: 659.7480), the exchange rate shifted by +409.8925 (+62.13%).

2023 Avg (July) 1069.6405
2022 Avg (July) 659.7480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 946.8550 906.0245 931.6125
February 965.0655 921.4390 950.0545
March 983.7608 929.5010 960.0127
April 982.4693 964.6870 977.7277
May 1012.4056 982.6598 996.5184
June 1034.2869 1005.6760 1024.4155
July 1256.8840 1024.9849 1069.6405
August 1253.0940 1209.5481 1234.5618
September 1229.0918 1185.4542 1212.4383
October 1204.4109 1143.1294 1159.4634
November 1225.2978 1178.4898 1206.9815
December 1238.9879 1199.9377 1221.6477