2023 BND to MDL Historical Review

YEARLY HIGH

14.4544 MDL

YEARLY LOW

12.8983 MDL

YEARLY AVERAGE

13.4850 MDL

2023 BND to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 14.4544. Conversely, the yearly low was recorded on August 15, dropping to 12.8983.

This high-to-low spread represents a total annual volatility of 1.5561 MDL. From a start-to-finish perspective, comparing the January average rate of 14.3119 to the December average rate of 13.2145, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.4544 was down 0.41% compared to the 2022 peak of 14.5142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,272 MDL

2022 Average 68,428 MDL

Yearly Trough Low 64,492 MDL

Transaction Impact: A difference of 7,780.44 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4341

12.9683

JanuMarcMayJulySeptNove

BND 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 13.7378, compared to 13.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5055 points.

H1 Avg (Jan–Jun) 13.7378

H2 Avg (Jul–Dec) 13.2322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.6983 MDL (High: 13.7108 / Low: 13.0125). On the other end, January was the most stable month, with a tight range of 0.2280 MDL (High: 14.4544 / Low: 14.2264).

July Spread (Volatile) ±0.6983

January Spread (Stable) ±0.2280

Growth Streaks & Declines

Trends

Between May and July, 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 0.3267 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 14.3119) against the same month in 2022 (average: 13.2698), the exchange rate shifted by +1.0422 (+7.85%).

2023 Avg (January) 14.3119

2022 Avg (January) 13.2698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.4544	14.2264	14.3119
February	14.3540	13.9506	14.0946
March	14.0925	13.7391	13.8876
April	13.7866	13.4130	13.5609
May	13.4618	13.1046	13.2708
June	13.4912	13.1348	13.3007
July	13.7108	13.0125	13.4108
August	13.3050	12.8983	13.0904
September	13.3984	13.0378	13.1939
October	13.3853	13.1403	13.2471
November	13.3482	13.1119	13.2367
December	13.4163	13.0742	13.2145