YEARLY HIGH
0.0343 MXN
YEARLY LOW
0.0293 MXN
YEARLY AVERAGE
0.0312 MXN

2023 SOS to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0343. Conversely, the yearly low was recorded on July 28, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0050 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0300, the exchange rate registered a net change of -9.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0343 was down 6.94% compared to the 2022 peak of 0.0368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171 MXN
2022 Average 175 MXN
Yearly Trough Low 147 MXN
Transaction Impact: A difference of 24.83 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0337
0.0294
JanuMarcMayJulySeptNove

SOS 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 0.0320, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0320
H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0022 MXN (High: 0.0337 / Low: 0.0316). On the other end, April was the most stable month, with a tight range of 0.0005 MXN (High: 0.0322 / Low: 0.0316).

March Spread (Volatile) ±0.0022
April Spread (Stable) ±0.0005

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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0333) against the same month in 2022 (average: 0.0352), the exchange rate shifted by -0.0019 (-5.38%).

2023 Avg (January) 0.0333
2022 Avg (January) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0343 0.0328 0.0333
February 0.0337 0.0322 0.0327
March 0.0337 0.0316 0.0324
April 0.0322 0.0316 0.0318
May 0.0316 0.0307 0.0312
June 0.0309 0.0300 0.0303
July 0.0303 0.0293 0.0298
August 0.0304 0.0294 0.0298
September 0.0310 0.0299 0.0303
October 0.0321 0.0305 0.0317
November 0.0311 0.0300 0.0305
December 0.0306 0.0296 0.0300