2024 MXN to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MXN to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MXN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 15.3359. Conversely, the yearly low was recorded on December 31, dropping to 11.9722.
This high-to-low spread represents a total annual volatility of 3.3638 YER. From a start-to-finish perspective, comparing the January average rate of 14.6775 to the December average rate of 12.3480, the exchange rate registered a net change of -15.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.3359 was up 2.20% compared to the 2023 peak of 15.0056, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.6371, compared to 12.8425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.4062 YER (High: 14.7510 / Low: 13.3448). On the other end, February was the most stable month, with a tight range of 0.1378 YER (High: 14.6889 / Low: 14.5511).
Growth Streaks & Declines
TrendsNo 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 1.1246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 14.8972) against the same month in 2023 (average: 13.8557), the exchange rate shifted by +1.0415 (+7.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.8697 | 14.4631 | 14.6775 |
| February | 14.6889 | 14.5511 | 14.6454 |
| March | 15.1192 | 14.7112 | 14.9313 |
| April | 15.3359 | 14.5527 | 14.8972 |
| May | 15.0962 | 14.7080 | 14.8980 |
| June | 14.7510 | 13.3448 | 13.7734 |
| July | 14.2076 | 13.3357 | 13.8320 |
| August | 13.4416 | 12.6118 | 13.0747 |
| September | 13.0910 | 12.4585 | 12.7759 |
| October | 12.9866 | 12.4132 | 12.7256 |
| November | 12.6148 | 12.0925 | 12.2986 |
| December | 12.4493 | 11.9722 | 12.3480 |