2023 MXN to SOS Historical Review

YEARLY HIGH

34.1230 SOS

YEARLY LOW

29.1780 SOS

YEARLY AVERAGE

32.1455 SOS

2023 MXN to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 34.1230. Conversely, the yearly low was recorded on January 1, dropping to 29.1780.

This high-to-low spread represents a total annual volatility of 4.9451 SOS. From a start-to-finish perspective, comparing the January average rate of 29.9918 to the December average rate of 33.3086, the exchange rate registered a net change of 11.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.1230 was up 14.46% compared to the 2022 peak of 29.8134, 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 1,706,152 SOS

2022 Average 1,431,297 SOS

Yearly Trough Low 1,458,900 SOS

Transaction Impact: A difference of 247,252.69 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.9795

29.6293

JanuMarcMayJulySeptNove

MXN to SOS 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 31.3233, compared to 32.9677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6444 points.

H1 Avg (Jan–Jun) 31.3233

H2 Avg (Jul–Dec) 32.9677

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.0229 SOS (High: 31.6597 / Low: 29.6367). On the other end, April was the most stable month, with a tight range of 0.5226 SOS (High: 31.6072 / Low: 31.0846).

March Spread (Volatile) ±2.0229

April Spread (Stable) ±0.5226

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.3978 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.3978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 33.6169) against the same month in 2022 (average: 28.0958), the exchange rate shifted by +5.5211 (+19.65%).

2023 Avg (July) 33.6169

2022 Avg (July) 28.0958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.5095	29.1780	29.9918
February	31.0499	29.6488	30.5830
March	31.6597	29.6367	30.8686
April	31.6072	31.0846	31.4423
May	32.5978	31.5968	32.0745
June	33.3340	32.3812	32.9793
July	34.1230	32.9540	33.6169
August	34.0509	32.8495	33.5115
September	33.4381	32.2841	32.9638
October	32.8206	31.1576	31.5660
November	33.3743	32.1051	32.8392
December	33.7529	32.7164	33.3086