YEARLY HIGH
19.2290 MDL
YEARLY LOW
17.2981 MDL
YEARLY AVERAGE
18.1007 MDL

2023 BMD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 19.2290. Conversely, the yearly low was recorded on December 29, dropping to 17.2981.

This high-to-low spread represents a total annual volatility of 1.9309 MDL. From a start-to-finish perspective, comparing the January average rate of 18.9911 to the December average rate of 17.6059, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.2290 was down 1.82% compared to the 2022 peak of 19.5851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,145 MDL
2022 Average 94,352 MDL
Yearly Trough Low 86,491 MDL
Transaction Impact: A difference of 9,654.36 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.1296
17.4674
JanuMarcMayJulySeptNove

BMD 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 18.3455, compared to 17.8560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4895 points.

H1 Avg (Jan–Jun) 18.3455
H2 Avg (Jul–Dec) 17.8560

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.0423 MDL (High: 18.3420 / Low: 17.2996). On the other end, October was the most stable month, with a tight range of 0.2712 MDL (High: 18.2715 / Low: 18.0003).

July Spread (Volatile) ±1.0423
October Spread (Stable) ±0.2712

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 March and April, when the average rate fell by 0.5683 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18.9911) against the same month in 2022 (average: 17.9196), the exchange rate shifted by +1.0715 (+5.98%).

2023 Avg (January) 18.9911
2022 Avg (January) 17.9196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.2290 18.7144 18.9911
February 18.9287 18.6194 18.7712
March 18.8805 18.3017 18.6063
April 18.3031 17.8573 18.0381
May 17.9309 17.6523 17.7669
June 18.3000 17.7447 17.8991
July 18.3420 17.2996 17.8975
August 17.8206 17.5010 17.6788
September 18.2893 17.7794 17.9746
October 18.2715 18.0003 18.1313
November 18.1193 17.6695 17.8477
December 17.9305 17.2981 17.6059