YEARLY HIGH
1365.5486 STD
YEARLY LOW
1170.6252 STD
YEARLY AVERAGE
1275.3018 STD

2023 MXN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1365.5486. Conversely, the yearly low was recorded on January 1, dropping to 1170.6252.

This high-to-low spread represents a total annual volatility of 194.9234 STD. From a start-to-finish perspective, comparing the January average rate of 1203.6861 to the December average rate of 1298.1001, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1365.5486 was up 14.53% compared to the 2022 peak of 1192.2704, 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 68,277,429 STD
2022 Average 55,176,768 STD
Yearly Trough Low 58,531,259 STD
Transaction Impact: A difference of 9,746,169.68 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1358.9727
1189.5692
JanuMarcMayJulySeptNove

MXN to STD 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 1257.6648, compared to 1292.9388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.2739 points.

H1 Avg (Jan–Jun) 1257.6648
H2 Avg (Jul–Dec) 1292.9388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 70.1062 STD (High: 1271.0641 / Low: 1200.9580). On the other end, April was the most stable month, with a tight range of 22.9755 STD (High: 1269.3954 / Low: 1246.4199).

March Spread (Volatile) ±70.1062
April Spread (Stable) ±22.9755

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 56.2902 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -56.2902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1344.8557) against the same month in 2022 (average: 1086.6977), the exchange rate shifted by +258.1581 (+23.76%).

2023 Avg (July) 1344.8557
2022 Avg (July) 1086.6977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1223.3801 1170.6252 1203.6861
February 1246.9088 1190.5415 1227.5140
March 1271.0641 1200.9580 1240.3805
April 1269.3954 1246.4199 1263.2690
May 1308.0744 1269.6415 1287.5475
June 1336.3462 1299.3795 1323.5919
July 1365.5486 1324.3275 1344.8557
August 1331.5143 1285.2433 1311.8223
September 1306.0101 1259.6416 1288.3143
October 1279.7845 1214.6680 1232.0242
November 1301.9786 1252.2413 1282.5161
December 1316.5255 1275.0314 1298.1001