YEARLY HIGH
0.0027 MXN
YEARLY LOW
0.0023 MXN
YEARLY AVERAGE
0.0024 MXN

2023 PYG to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0027. Conversely, the yearly low was recorded on July 28, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0004 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0023, the exchange rate registered a net change of -9.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0027 was down 13.45% compared to the 2022 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 MXN
2022 Average 14 MXN
Yearly Trough Low 11 MXN
Transaction Impact: A difference of 1.84 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0026
0.0023
JanuMarcMayJulySeptNove

PYG 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 0.0025, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 MXN (High: 0.0027 / Low: 0.0025). On the other end, December was the most stable month, with a tight range of 0.0001 MXN (High: 0.0024 / Low: 0.0023).

March Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0026) against the same month in 2022 (average: 0.0029), the exchange rate shifted by -0.0004 (-13.14%).

2023 Avg (March) 0.0026
2022 Avg (March) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0027 0.0025 0.0026
February 0.0026 0.0025 0.0025
March 0.0027 0.0025 0.0026
April 0.0026 0.0025 0.0025
May 0.0025 0.0024 0.0025
June 0.0024 0.0023 0.0024
July 0.0024 0.0023 0.0023
August 0.0024 0.0023 0.0023
September 0.0024 0.0023 0.0024
October 0.0025 0.0024 0.0025
November 0.0024 0.0023 0.0023
December 0.0024 0.0023 0.0023