YEARLY HIGH
2.8689 MXN
YEARLY LOW
2.4580 MXN
YEARLY AVERAGE
2.6142 MXN

2023 TTD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.8689. Conversely, the yearly low was recorded on July 28, dropping to 2.4580.

This high-to-low spread represents a total annual volatility of 0.4109 MXN. From a start-to-finish perspective, comparing the January average rate of 2.7930 to the December average rate of 2.5251, the exchange rate registered a net change of -9.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8689 was down 9.25% compared to the 2022 peak of 3.1614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,345 MXN
2022 Average 14,809 MXN
Yearly Trough Low 12,290 MXN
Transaction Impact: A difference of 2,054.52 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8227
2.4660
JanuMarcMayJulySeptNove

TTD 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 2.6777, compared to 2.5506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1271 points.

H1 Avg (Jan–Jun) 2.6777
H2 Avg (Jul–Dec) 2.5506

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1779 MXN (High: 2.8265 / Low: 2.6486). On the other end, April was the most stable month, with a tight range of 0.0507 MXN (High: 2.6998 / Low: 2.6491).

March Spread (Volatile) ±0.1779
April Spread (Stable) ±0.0507

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7930) against the same month in 2022 (average: 3.0196), the exchange rate shifted by -0.2266 (-7.50%).

2023 Avg (January) 2.7930
2022 Avg (January) 3.0196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8689 2.7447 2.7930
February 2.8256 2.6991 2.7384
March 2.8265 2.6486 2.7153
April 2.6998 2.6491 2.6644
May 2.6559 2.5699 2.6128
June 2.5881 2.5125 2.5423
July 2.5473 2.4580 2.4957
August 2.5589 2.4601 2.5033
September 2.6033 2.5153 2.5505
October 2.7051 2.5600 2.6667
November 2.6202 2.5194 2.5624
December 2.5752 2.4869 2.5251