2024 MXN to XCD Historical Review

YEARLY HIGH

0.1655 XCD

YEARLY LOW

0.1295 XCD

YEARLY AVERAGE

0.1484 XCD

2024 MXN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1655. Conversely, the yearly low was recorded on December 31, dropping to 0.1295.

This high-to-low spread represents a total annual volatility of 0.0360 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1584 to the December average rate of 0.1334, the exchange rate registered a net change of -15.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1655 was up 2.18% compared to the 2023 peak of 0.1620, 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 8,276 XCD

2023 Average 7,631 XCD

Yearly Trough Low 6,475 XCD

Transaction Impact: A difference of 1,800.96 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1640

0.1302

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 0.1580, compared to 0.1387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.1580

H2 Avg (Jul–Dec) 0.1387

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0151 XCD (High: 0.1592 / Low: 0.1441). On the other end, February was the most stable month, with a tight range of 0.0015 XCD (High: 0.1586 / Low: 0.1571).

June Spread (Volatile) ±0.0151

February Spread (Stable) ±0.0015

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 0.0122 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1608) against the same month in 2023 (average: 0.1496), the exchange rate shifted by +0.0112 (+7.50%).

2024 Avg (April) 0.1608

2023 Avg (April) 0.1496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1605	0.1561	0.1584
February	0.1586	0.1571	0.1581
March	0.1632	0.1588	0.1612
April	0.1655	0.1571	0.1608
May	0.1632	0.1587	0.1609
June	0.1592	0.1441	0.1487
July	0.1534	0.1440	0.1493
August	0.1451	0.1362	0.1411
September	0.1413	0.1345	0.1379
October	0.1402	0.1340	0.1374
November	0.1365	0.1308	0.1330
December	0.1347	0.1295	0.1334