2024 NAD to MXN Historical Review

YEARLY HIGH

1.1559 MXN

YEARLY LOW

0.8749 MXN

YEARLY AVERAGE

1.0018 MXN

2024 NAD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.1559. Conversely, the yearly low was recorded on March 28, dropping to 0.8749.

This high-to-low spread represents a total annual volatility of 0.2810 MXN. From a start-to-finish perspective, comparing the January average rate of 0.9080 to the December average rate of 1.1115, the exchange rate registered a net change of 22.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1559 was up 0.84% compared to the 2023 peak of 1.1462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 5,779 MXN

2023 Average 4,802 MXN

Yearly Trough Low 4,375 MXN

Transaction Impact: A difference of 1,404.76 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1580

0.8650

JanuMarcMayJulySeptNove

NAD to MXN 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 0.9149, compared to 1.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1738 points.

H1 Avg (Jan–Jun) 0.9149

H2 Avg (Jul–Dec) 1.0887

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1177 MXN (High: 1.0248 / Low: 0.9071). On the other end, May was the most stable month, with a tight range of 0.0228 MXN (High: 0.9280 / Low: 0.9053).

June Spread (Volatile) ±0.1177

May Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0221 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.1336) against the same month in 2023 (average: 0.9272), the exchange rate shifted by +0.2064 (+22.26%).

2024 Avg (November) 1.1336

2023 Avg (November) 0.9272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9245	0.8965	0.9080
February	0.9210	0.8848	0.9008
March	0.9024	0.8749	0.8894
April	0.9145	0.8771	0.8900
May	0.9280	0.9053	0.9137
June	1.0248	0.9071	0.9873
July	1.0232	0.9747	0.9928
August	1.1193	1.0252	1.0624
September	1.1469	1.0758	1.1126
October	1.1436	1.0995	1.1196
November	1.1559	1.1123	1.1336
December	1.1441	1.0836	1.1115