2023 MXN to XCD Historical Review

YEARLY HIGH

0.1620 XCD

YEARLY LOW

0.1386 XCD

YEARLY AVERAGE

0.1526 XCD

2023 MXN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.1620. Conversely, the yearly low was recorded on January 1, dropping to 0.1386.

This high-to-low spread represents a total annual volatility of 0.0234 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1425 to the December average rate of 0.1574, the exchange rate registered a net change of 10.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1620 was up 14.74% compared to the 2022 peak of 0.1412, 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 8,099 XCD

2022 Average 6,723 XCD

Yearly Trough Low 6,931 XCD

Transaction Impact: A difference of 1,168.78 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1615

0.1408

JanuMarcMayJulySeptNove

MXN to XCD 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 0.1489, compared to 0.1563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1489

H2 Avg (Jul–Dec) 0.1563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0083 XCD (High: 0.1505 / Low: 0.1422). On the other end, April was the most stable month, with a tight range of 0.0027 XCD (High: 0.1503 / Low: 0.1476).

March Spread (Volatile) ±0.0083

April Spread (Stable) ±0.0027

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 0.0068 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1597) against the same month in 2022 (average: 0.1318), the exchange rate shifted by +0.0279 (+21.17%).

2023 Avg (July) 0.1597

2022 Avg (July) 0.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1449	0.1386	0.1425
February	0.1476	0.1410	0.1453
March	0.1505	0.1422	0.1469
April	0.1503	0.1476	0.1496
May	0.1549	0.1503	0.1525
June	0.1582	0.1539	0.1567
July	0.1620	0.1568	0.1597
August	0.1615	0.1559	0.1591
September	0.1584	0.1528	0.1563
October	0.1552	0.1473	0.1494
November	0.1579	0.1519	0.1556
December	0.1597	0.1546	0.1574