2022 MXN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MXN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MXN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 131.2485. Conversely, the yearly low was recorded on March 8, dropping to 117.5655.
This high-to-low spread represents a total annual volatility of 13.6830 SYP. From a start-to-finish perspective, comparing the January average rate of 122.5419 to the December average rate of 128.2720, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 131.2485 was up 6.89% compared to the 2021 peak of 122.7850, 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 2022.
MXN to SYP 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 124.0182, compared to 125.9761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9580 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 8.8130 SYP (High: 126.3785 / Low: 117.5655). On the other end, October was the most stable month, with a tight range of 2.1797 SYP (High: 126.8948 / Low: 124.7151).
Growth Streaks & Declines
TrendsBetween July and November, 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 June and July, when the average rate fell by 3.2121 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 128.2720) against the same month in 2021 (average: 120.2627), the exchange rate shifted by +8.0093 (+6.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 123.7846 | 120.5843 | 122.5419 |
| February | 124.0633 | 121.4647 | 122.7335 |
| March | 126.3785 | 117.5655 | 122.3018 |
| April | 127.1213 | 122.8210 | 125.1763 |
| May | 128.5537 | 122.7873 | 125.5842 |
| June | 128.5589 | 122.1353 | 125.7714 |
| July | 124.0027 | 120.3460 | 122.5593 |
| August | 126.7437 | 120.7187 | 124.8041 |
| September | 126.6650 | 123.3076 | 125.3140 |
| October | 126.8948 | 124.7151 | 125.7256 |
| November | 130.6143 | 127.2818 | 129.1819 |
| December | 131.2485 | 126.4981 | 128.2720 |