YEARLY HIGH
0.5236 SVC
YEARLY LOW
0.4488 SVC
YEARLY AVERAGE
0.4938 SVC

2023 MXN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.5236. Conversely, the yearly low was recorded on January 1, dropping to 0.4488.

This high-to-low spread represents a total annual volatility of 0.0748 SVC. From a start-to-finish perspective, comparing the January average rate of 0.4615 to the December average rate of 0.5103, the exchange rate registered a net change of 10.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5236 was up 14.61% compared to the 2022 peak of 0.4569, 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 26,182 SVC
2022 Average 21,768 SVC
Yearly Trough Low 22,442 SVC
Transaction Impact: A difference of 3,739.68 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5221
0.4560
JanuMarcMayJulySeptNove

MXN to SVC 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 0.4819, compared to 0.5057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.4819
H2 Avg (Jul–Dec) 0.5057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0312 SVC (High: 0.4874 / Low: 0.4561). On the other end, April was the most stable month, with a tight range of 0.0080 SVC (High: 0.4862 / Low: 0.4782).

March Spread (Volatile) ±0.0312
April Spread (Stable) ±0.0080

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 0.0223 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5166) against the same month in 2022 (average: 0.4267), the exchange rate shifted by +0.0899 (+21.06%).

2023 Avg (July) 0.5166
2022 Avg (July) 0.4267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4694 0.4488 0.4615
February 0.4780 0.4562 0.4706
March 0.4874 0.4561 0.4748
April 0.4862 0.4782 0.4838
May 0.5016 0.4860 0.4934
June 0.5124 0.4983 0.5073
July 0.5236 0.5062 0.5166
August 0.5232 0.5045 0.5151
September 0.5127 0.4952 0.5058
October 0.5036 0.4770 0.4835
November 0.5111 0.4917 0.5030
December 0.5184 0.5011 0.5103