YEARLY HIGH
25.9939 MXN
YEARLY LOW
22.2198 MXN
YEARLY AVERAGE
23.6744 MXN

2023 XDR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 25.9939. Conversely, the yearly low was recorded on August 30, dropping to 22.2198.

This high-to-low spread represents a total annual volatility of 3.7741 MXN. From a start-to-finish perspective, comparing the January average rate of 25.4770 to the December average rate of 22.8933, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 25.9939 was down 12.86% compared to the 2022 peak of 29.8290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129,970 MXN
2022 Average 137,905 MXN
Yearly Trough Low 111,099 MXN
Transaction Impact: A difference of 18,870.56 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

25.7568
22.3982
JanuMarcMayJulySeptNove

XDR 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 24.3647, compared to 22.9841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3806 points.

H1 Avg (Jan–Jun) 24.3647
H2 Avg (Jul–Dec) 22.9841

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6767 MXN (High: 25.9584 / Low: 24.2816). On the other end, April was the most stable month, with a tight range of 0.4303 MXN (High: 24.6533 / Low: 24.2230).

February Spread (Volatile) ±1.6767
April Spread (Stable) ±0.4303

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.8208 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 25.4770) against the same month in 2022 (average: 28.7640), the exchange rate shifted by -3.2870 (-11.43%).

2023 Avg (January) 25.4770
2022 Avg (January) 28.7640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.9939 25.1351 25.4770
February 25.9584 24.2816 24.9091
March 25.4592 23.8691 24.5609
April 24.6533 24.2230 24.3865
May 24.2869 23.4433 23.8378
June 23.3832 22.7675 23.0170
July 23.0499 22.4864 22.7369
August 23.2937 22.2198 22.6781
September 23.4178 22.5066 22.8684
October 24.1084 22.7805 23.7537
November 23.3944 22.7005 22.9744
December 23.2615 22.6535 22.8933