YEARLY HIGH
0.2583 MDL
YEARLY LOW
0.1957 MDL
YEARLY AVERAGE
0.2202 MDL

2023 AFN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.2583. Conversely, the yearly low was recorded on April 18, dropping to 0.1957.

This high-to-low spread represents a total annual volatility of 0.0626 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2137 to the December average rate of 0.2517, the exchange rate registered a net change of 17.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2583 was up 13.58% compared to the 2022 peak of 0.2274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,291 MDL
2022 Average 1,052 MDL
Yearly Trough Low 979 MDL
Transaction Impact: A difference of 312.83 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2566
0.1982
JanuMarcMayJulySeptNove

AFN to MDL 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 0.2089, compared to 0.2314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.2089
H2 Avg (Jul–Dec) 0.2314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0252 MDL (High: 0.2434 / Low: 0.2183). On the other end, March was the most stable month, with a tight range of 0.0054 MDL (High: 0.2154 / Low: 0.2100).

September Spread (Volatile) ±0.0252
March Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0051 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2499) against the same month in 2022 (average: 0.2185), the exchange rate shifted by +0.0314 (+14.36%).

2023 Avg (November) 0.2499
2022 Avg (November) 0.2185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2182 0.2099 0.2137
February 0.2150 0.2061 0.2094
March 0.2154 0.2100 0.2124
April 0.2113 0.1957 0.2082
May 0.2081 0.1998 0.2031
June 0.2122 0.2028 0.2064
July 0.2139 0.1977 0.2066
August 0.2190 0.2029 0.2094
September 0.2434 0.2183 0.2307
October 0.2470 0.2320 0.2401
November 0.2583 0.2397 0.2499
December 0.2578 0.2446 0.2517