2024 BND to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BND to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BND to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 13.6899. Conversely, the yearly low was recorded on May 1, dropping to 12.9259.
This high-to-low spread represents a total annual volatility of 0.7640 MDL. From a start-to-finish perspective, comparing the January average rate of 13.1992 to the December average rate of 13.5686, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.6899 was down 5.29% compared to the 2023 peak of 14.4544, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.1416, compared to 13.4022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2606 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.3556 MDL (High: 13.6608 / Low: 13.3052). On the other end, February was the most stable month, with a tight range of 0.1389 MDL (High: 13.3115 / Low: 13.1727).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.0985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 13.5686) against the same month in 2023 (average: 13.2145), the exchange rate shifted by +0.3541 (+2.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.3265 | 13.0514 | 13.1992 |
| February | 13.3115 | 13.1727 | 13.2384 |
| March | 13.2608 | 13.0343 | 13.1687 |
| April | 13.1618 | 12.9634 | 13.0702 |
| May | 13.1888 | 12.9259 | 13.0671 |
| June | 13.2100 | 13.0176 | 13.1058 |
| July | 13.2089 | 13.0651 | 13.1508 |
| August | 13.4688 | 13.2085 | 13.2897 |
| September | 13.5550 | 13.2206 | 13.4050 |
| October | 13.5922 | 13.4170 | 13.4950 |
| November | 13.6608 | 13.3052 | 13.5041 |
| December | 13.6899 | 13.4848 | 13.5686 |