2024 MXN to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 1284.2931. Conversely, the yearly low was recorded on December 31, dropping to 1004.8151.
This high-to-low spread represents a total annual volatility of 279.4780 SLL. From a start-to-finish perspective, comparing the January average rate of 1229.4259 to the December average rate of 1035.4298, the exchange rate registered a net change of -15.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1284.2931 was up 2.18% compared to the 2023 peak of 1256.8840, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1226.1127, compared to 1076.2068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 149.9059 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 117.5372 SLL (High: 1235.3094 / Low: 1117.7722). On the other end, February was the most stable month, with a tight range of 11.5728 SLL (High: 1230.3806 / Low: 1218.8078).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 94.8097 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 1247.6982) against the same month in 2023 (average: 977.7277), the exchange rate shifted by +269.9705 (+27.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1245.4970 | 1211.4431 | 1229.4259 |
| February | 1230.3806 | 1218.8078 | 1226.9886 |
| March | 1266.3927 | 1232.3474 | 1250.6036 |
| April | 1284.2931 | 1218.8275 | 1247.6982 |
| May | 1266.6230 | 1231.7104 | 1248.3848 |
| June | 1235.3094 | 1117.7722 | 1153.5751 |
| July | 1190.0424 | 1117.1163 | 1158.5925 |
| August | 1125.6509 | 1056.4834 | 1095.1798 |
| September | 1096.5153 | 1043.5308 | 1070.2016 |
| October | 1087.7651 | 1039.8390 | 1065.9260 |
| November | 1058.7431 | 1014.5998 | 1031.9108 |
| December | 1044.9690 | 1004.8151 | 1035.4298 |