2024 MXN to UYU Historical Review

YEARLY HIGH

2.3601 UYU

YEARLY LOW

2.0106 UYU

YEARLY AVERAGE

2.2000 UYU

2024 MXN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 2.3601. Conversely, the yearly low was recorded on September 10, dropping to 2.0106.

This high-to-low spread represents a total annual volatility of 0.3495 UYU. From a start-to-finish perspective, comparing the January average rate of 2.2967 to the December average rate of 2.1717, the exchange rate registered a net change of -5.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3601 was up 1.42% compared to the 2023 peak of 2.3270, 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 118,004 UYU

2023 Average 109,582 UYU

Yearly Trough Low 100,529 UYU

Transaction Impact: A difference of 17,475.45 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3179

2.0629

JanuMarcMayJulySeptNove

MXN to UYU 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 2.2688, compared to 2.1312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1376 points.

H1 Avg (Jan–Jun) 2.2688

H2 Avg (Jul–Dec) 2.1312

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1969 UYU (High: 2.2815 / Low: 2.0846). On the other end, February was the most stable month, with a tight range of 0.0299 UYU (High: 2.2999 / Low: 2.2700).

June Spread (Volatile) ±0.1969

February Spread (Stable) ±0.0299

Growth Streaks & Declines

Trends

No 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 0.1355 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.2859) against the same month in 2023 (average: 2.1459), the exchange rate shifted by +0.1401 (+6.53%).

2024 Avg (April) 2.2859

2023 Avg (April) 2.1459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3369	2.2489	2.2967
February	2.2999	2.2700	2.2893
March	2.3275	2.2447	2.2939
April	2.3601	2.2291	2.2859
May	2.3327	2.2500	2.2912
June	2.2815	2.0846	2.1557
July	2.2758	2.1467	2.2192
August	2.1642	2.0330	2.1064
September	2.1803	2.0106	2.0911
October	2.1746	2.0431	2.1145
November	2.1346	2.0470	2.0841
December	2.2287	2.0932	2.1717