YEARLY HIGH
2.6420 GMD
YEARLY LOW
2.3884 GMD
YEARLY AVERAGE
2.5404 GMD

2021 MXN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 2.6420. Conversely, the yearly low was recorded on March 8, dropping to 2.3884.

This high-to-low spread represents a total annual volatility of 0.2536 GMD. From a start-to-finish perspective, comparing the January average rate of 2.5876 to the December average rate of 2.5143, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6420 was down 4.17% compared to the 2020 peak of 2.7569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 132,100 GMD
2020 Average 120,583 GMD
Yearly Trough Low 119,421 GMD
Transaction Impact: A difference of 12,678.81 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5993
2.4587
JanuMarcMayJulySeptNove

MXN to GMD 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 2.5428, compared to 2.5381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 2.5428
H2 Avg (Jul–Dec) 2.5381

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1746 GMD (High: 2.5660 / Low: 2.3915). On the other end, July was the most stable month, with a tight range of 0.0511 GMD (High: 2.5869 / Low: 2.5359).

November Spread (Volatile) ±0.1746
July Spread (Stable) ±0.0511

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0625 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.5876) against the same month in 2020 (average: 2.7219), the exchange rate shifted by -0.1343 (-4.93%).

2021 Avg (January) 2.5876
2020 Avg (January) 2.7219

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6420 2.5010 2.5876
February 2.5801 2.4490 2.5330
March 2.5167 2.3884 2.4704
April 2.5785 2.5216 2.5498
May 2.5863 2.5273 2.5637
June 2.5982 2.4741 2.5523
July 2.5869 2.5359 2.5638
August 2.5739 2.5068 2.5469
September 2.6161 2.4962 2.5675
October 2.5807 2.4686 2.5344
November 2.5660 2.3915 2.5016
December 2.5735 2.4394 2.5143