2023 PLN to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PLN to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PLN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 4.5618. Conversely, the yearly low was recorded on September 19, dropping to 3.9120.
This high-to-low spread represents a total annual volatility of 0.6498 MXN. From a start-to-finish perspective, comparing the January average rate of 4.3754 to the December average rate of 4.3281, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 4.5618 was down 12.44% compared to the 2022 peak of 5.2099, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PLN to MXN 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 4.2463, compared to 4.2032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.3775 MXN (High: 4.3578 / Low: 3.9803). On the other end, December was the most stable month, with a tight range of 0.0856 MXN (High: 4.3855 / Low: 4.2999).
Growth Streaks & Declines
TrendsBetween September and December, 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 January and February, when the average rate fell by 0.1797 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 4.3754) against the same month in 2022 (average: 5.0967), the exchange rate shifted by -0.7213 (-14.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5618 | 4.2839 | 4.3754 |
| February | 4.3545 | 4.1018 | 4.1957 |
| March | 4.3405 | 4.0502 | 4.2011 |
| April | 4.3743 | 4.1696 | 4.2704 |
| May | 4.3334 | 4.1704 | 4.2427 |
| June | 4.2567 | 4.1409 | 4.1928 |
| July | 4.2558 | 4.1352 | 4.2100 |
| August | 4.2588 | 4.0439 | 4.1568 |
| September | 4.1531 | 3.9120 | 4.0150 |
| October | 4.3578 | 3.9803 | 4.2378 |
| November | 4.3713 | 4.1881 | 4.2713 |
| December | 4.3855 | 4.2999 | 4.3281 |