YEARLY HIGH
0.0365 MXN
YEARLY LOW
0.0286 MXN
YEARLY AVERAGE
0.0321 MXN

2024 SOS to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0365. Conversely, the yearly low was recorded on April 8, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0079 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0354, the exchange rate registered a net change of 18.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0365 was up 6.53% compared to the 2023 peak of 0.0343, 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 183 MXN
2023 Average 156 MXN
Yearly Trough Low 143 MXN
Transaction Impact: A difference of 39.32 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0362
0.0287
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 0.0300, compared to 0.0342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0300
H2 Avg (Jul–Dec) 0.0342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0031 MXN (High: 0.0328 / Low: 0.0297). On the other end, February was the most stable month, with a tight range of 0.0004 MXN (High: 0.0301 / Low: 0.0297).

June Spread (Volatile) ±0.0031
February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0354) against the same month in 2023 (average: 0.0300), the exchange rate shifted by +0.0054 (+18.07%).

2024 Avg (December) 0.0354
2023 Avg (December) 0.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0303 0.0295 0.0299
February 0.0301 0.0297 0.0299
March 0.0298 0.0290 0.0294
April 0.0301 0.0286 0.0294
May 0.0298 0.0289 0.0294
June 0.0328 0.0297 0.0318
July 0.0328 0.0309 0.0317
August 0.0347 0.0325 0.0336
September 0.0352 0.0334 0.0343
October 0.0353 0.0336 0.0344
November 0.0362 0.0347 0.0356
December 0.0365 0.0351 0.0354