2023 MXN to YER Historical Review

YEARLY HIGH

15.0056 YER

YEARLY LOW

12.8377 YER

YEARLY AVERAGE

14.1332 YER

2023 MXN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 15.0056. Conversely, the yearly low was recorded on January 1, dropping to 12.8377.

This high-to-low spread represents a total annual volatility of 2.1679 YER. From a start-to-finish perspective, comparing the January average rate of 13.2017 to the December average rate of 14.5778, the exchange rate registered a net change of 10.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.0056 was up 14.72% compared to the 2022 peak of 13.0803, 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 750,282 YER

2022 Average 622,565 YER

Yearly Trough Low 641,885 YER

Transaction Impact: A difference of 108,397.43 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.9551

13.0423

JanuMarcMayJulySeptNove

MXN to YER 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 13.7938, compared to 14.4725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6787 points.

H1 Avg (Jan–Jun) 13.7938

H2 Avg (Jul–Dec) 14.4725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7662 YER (High: 13.9392 / Low: 13.1730). On the other end, April was the most stable month, with a tight range of 0.2492 YER (High: 13.9209 / Low: 13.6716).

March Spread (Volatile) ±0.7662

April Spread (Stable) ±0.2492

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 0.6326 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.6326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.7957) against the same month in 2022 (average: 12.2071), the exchange rate shifted by +2.5886 (+21.21%).

2023 Avg (July) 14.7957

2022 Avg (July) 12.2071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4136	12.8377	13.2017
February	13.6770	13.0600	13.4637
March	13.9392	13.1730	13.6029
April	13.9209	13.6716	13.8557
May	14.3479	13.9208	14.1214
June	14.6574	14.2525	14.5174
July	15.0056	14.5262	14.7957
August	14.9549	14.4376	14.7367
September	14.6724	14.1529	14.4745
October	14.3821	13.6476	13.8419
November	14.6286	14.0669	14.4087
December	14.7890	14.3249	14.5778