YEARLY HIGH
0.0461 XDR
YEARLY LOW
0.0366 XDR
YEARLY AVERAGE
0.0413 XDR

2024 MXN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0461. Conversely, the yearly low was recorded on November 12, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0095 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0376, the exchange rate registered a net change of -14.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0461 was up 2.36% compared to the 2023 peak of 0.0450, 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 2,303 XDR
2023 Average 2,116 XDR
Yearly Trough Low 1,830 XDR
Transaction Impact: A difference of 473.61 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0458
0.0364
JanuMarcMayJulySeptNove

MXN to XDR 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 0.0441, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0441
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0041 XDR (High: 0.0445 / Low: 0.0404). On the other end, February was the most stable month, with a tight range of 0.0005 XDR (High: 0.0443 / Low: 0.0438).

June Spread (Volatile) ±0.0041
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0450) against the same month in 2023 (average: 0.0410), the exchange rate shifted by +0.0040 (+9.86%).

2024 Avg (April) 0.0450
2023 Avg (April) 0.0410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0445 0.0434 0.0439
February 0.0443 0.0438 0.0441
March 0.0456 0.0441 0.0448
April 0.0461 0.0442 0.0450
May 0.0457 0.0444 0.0450
June 0.0445 0.0404 0.0417
July 0.0430 0.0402 0.0418
August 0.0403 0.0374 0.0391
September 0.0388 0.0369 0.0378
October 0.0387 0.0373 0.0380
November 0.0378 0.0366 0.0372
December 0.0380 0.0367 0.0376