YEARLY HIGH
0.0341 MXN
YEARLY LOW
0.0277 MXN
YEARLY AVERAGE
0.0298 MXN

2023 SDG to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0341. Conversely, the yearly low was recorded on July 30, dropping to 0.0277.

This high-to-low spread represents a total annual volatility of 0.0064 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0329 to the December average rate of 0.0286, the exchange rate registered a net change of -13.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0341 was down 28.71% compared to the 2022 peak of 0.0479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171 MXN
2022 Average 205 MXN
Yearly Trough Low 139 MXN
Transaction Impact: A difference of 31.90 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0334
0.0277
JanuMarcMayJulySeptNove

SDG 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 0.0307, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0029 MXN (High: 0.0313 / Low: 0.0285). On the other end, June was the most stable month, with a tight range of 0.0008 MXN (High: 0.0292 / Low: 0.0284).

November Spread (Volatile) ±0.0029
June Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0329) against the same month in 2022 (average: 0.0468), the exchange rate shifted by -0.0139 (-29.70%).

2023 Avg (January) 0.0329
2022 Avg (January) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0341 0.0321 0.0329
February 0.0328 0.0311 0.0318
March 0.0327 0.0303 0.0312
April 0.0315 0.0300 0.0302
May 0.0300 0.0290 0.0295
June 0.0292 0.0284 0.0287
July 0.0287 0.0277 0.0282
August 0.0288 0.0278 0.0282
September 0.0294 0.0284 0.0288
October 0.0305 0.0289 0.0301
November 0.0313 0.0285 0.0290
December 0.0291 0.0282 0.0286