2023 YER to MXN Historical Review

YEARLY HIGH

0.0779 MXN

YEARLY LOW

0.0666 MXN

YEARLY AVERAGE

0.0709 MXN

2023 YER to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0779. Conversely, the yearly low was recorded on July 30, dropping to 0.0666.

This high-to-low spread represents a total annual volatility of 0.0113 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0686, the exchange rate registered a net change of -9.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0779 was down 8.75% compared to the 2022 peak of 0.0854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 389 MXN

2022 Average 402 MXN

Yearly Trough Low 333 MXN

Transaction Impact: A difference of 56.27 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0766

0.0668

JanuMarcMayJulySeptNove

YER 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 0.0726, compared to 0.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0726

H2 Avg (Jul–Dec) 0.0691

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0042 MXN (High: 0.0759 / Low: 0.0717). On the other end, April was the most stable month, with a tight range of 0.0013 MXN (High: 0.0731 / Low: 0.0718).

March Spread (Volatile) ±0.0042

April Spread (Stable) ±0.0013

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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0758) against the same month in 2022 (average: 0.0819), the exchange rate shifted by -0.0062 (-7.52%).

2023 Avg (January) 0.0758

2022 Avg (January) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0779	0.0746	0.0758
February	0.0766	0.0731	0.0743
March	0.0759	0.0717	0.0735
April	0.0731	0.0718	0.0722
May	0.0718	0.0697	0.0708
June	0.0702	0.0682	0.0689
July	0.0688	0.0666	0.0676
August	0.0693	0.0669	0.0679
September	0.0707	0.0682	0.0691
October	0.0733	0.0695	0.0723
November	0.0711	0.0684	0.0694
December	0.0698	0.0676	0.0686