YEARLY HIGH
0.0835 MXN
YEARLY LOW
0.0652 MXN
YEARLY AVERAGE
0.0732 MXN

2024 YER to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0835. Conversely, the yearly low was recorded on April 8, dropping to 0.0652.

This high-to-low spread represents a total annual volatility of 0.0183 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0810, the exchange rate registered a net change of 18.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0835 was up 7.23% compared to the 2023 peak of 0.0779, 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 418 MXN
2023 Average 354 MXN
Yearly Trough Low 326 MXN
Transaction Impact: A difference of 91.60 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0828
0.0655
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 0.0684, compared to 0.0780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.0684
H2 Avg (Jul–Dec) 0.0780

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0071 MXN (High: 0.0749 / Low: 0.0678). On the other end, February was the most stable month, with a tight range of 0.0006 MXN (High: 0.0687 / Low: 0.0681).

June Spread (Volatile) ±0.0071
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0810) against the same month in 2023 (average: 0.0686), the exchange rate shifted by +0.0124 (+18.06%).

2024 Avg (December) 0.0810
2023 Avg (December) 0.0686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0691 0.0673 0.0681
February 0.0687 0.0681 0.0683
March 0.0680 0.0661 0.0670
April 0.0687 0.0652 0.0671
May 0.0680 0.0662 0.0671
June 0.0749 0.0678 0.0726
July 0.0750 0.0704 0.0723
August 0.0793 0.0744 0.0765
September 0.0803 0.0764 0.0783
October 0.0806 0.0770 0.0786
November 0.0827 0.0793 0.0813
December 0.0835 0.0803 0.0810