YEARLY HIGH
0.2459 MXN
YEARLY LOW
0.1965 MXN
YEARLY AVERAGE
0.2189 MXN

2024 BTN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.2459. Conversely, the yearly low was recorded on April 8, dropping to 0.1965.

This high-to-low spread represents a total annual volatility of 0.0494 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2053 to the December average rate of 0.2384, the exchange rate registered a net change of 16.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2459 was up 4.16% compared to the 2023 peak of 0.2361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,230 MXN
2023 Average 1,074 MXN
Yearly Trough Low 983 MXN
Transaction Impact: A difference of 246.91 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2449
0.1976
JanuMarcMayJulySeptNove

BTN 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 0.2057, compared to 0.2321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.2057
H2 Avg (Jul–Dec) 0.2321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0212 MXN (High: 0.2247 / Low: 0.2035). On the other end, February was the most stable month, with a tight range of 0.0023 MXN (High: 0.2074 / Low: 0.2051).

June Spread (Volatile) ±0.0212
February Spread (Stable) ±0.0023

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 0.0038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2410) against the same month in 2023 (average: 0.2089), the exchange rate shifted by +0.0321 (+15.37%).

2024 Avg (November) 0.2410
2023 Avg (November) 0.2089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2083 0.2026 0.2053
February 0.2074 0.2051 0.2059
March 0.2059 0.1987 0.2021
April 0.2068 0.1965 0.2017
May 0.2043 0.1986 0.2015
June 0.2247 0.2035 0.2179
July 0.2241 0.2112 0.2166
August 0.2361 0.2222 0.2285
September 0.2392 0.2281 0.2338
October 0.2396 0.2289 0.2340
November 0.2459 0.2348 0.2410
December 0.2438 0.2362 0.2384