2024 SYP to MXN Historical Review

YEARLY HIGH

0.0082 MXN

YEARLY LOW

0.0015 MXN

YEARLY AVERAGE

0.0071 MXN

2024 SYP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0082. Conversely, the yearly low was recorded on December 22, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0067 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0057, the exchange rate registered a net change of -15.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0082 was up 6.00% compared to the 2023 peak of 0.0078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 MXN

2023 Average 35 MXN

Yearly Trough Low 8 MXN

Transaction Impact: A difference of 33.41 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0083

0.0055

JanuMarcMayJulySeptNove

SYP 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 0.0068, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0066 MXN (High: 0.0081 / Low: 0.0015). On the other end, February was the most stable month, with a tight range of 0.0001 MXN (High: 0.0068 / Low: 0.0068).

December Spread (Volatile) ±0.0066

February Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0081) against the same month in 2023 (average: 0.0069), the exchange rate shifted by +0.0012 (+16.96%).

2024 Avg (November) 0.0081

2023 Avg (November) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0069	0.0067	0.0068
February	0.0068	0.0068	0.0068
March	0.0068	0.0066	0.0067
April	0.0068	0.0065	0.0067
May	0.0068	0.0066	0.0067
June	0.0075	0.0068	0.0072
July	0.0075	0.0070	0.0072
August	0.0079	0.0074	0.0076
September	0.0080	0.0076	0.0078
October	0.0080	0.0077	0.0078
November	0.0082	0.0079	0.0081
December	0.0081	0.0015	0.0057