2023 CAD to MDL Historical Review

YEARLY HIGH

14.3114 MDL

YEARLY LOW

12.8977 MDL

YEARLY AVERAGE

13.4088 MDL

2023 CAD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 14.3114. Conversely, the yearly low was recorded on November 9, dropping to 12.8977.

This high-to-low spread represents a total annual volatility of 1.4136 MDL. From a start-to-finish perspective, comparing the January average rate of 14.1511 to the December average rate of 13.1285, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.3114 was down 5.46% compared to the 2022 peak of 15.1379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,557 MDL

2022 Average 72,492 MDL

Yearly Trough Low 64,489 MDL

Transaction Impact: A difference of 7,068.14 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2642

12.9077

JanuMarcMayJulySeptNove

CAD 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 13.6052, compared to 13.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3927 points.

H1 Avg (Jan–Jun) 13.6052

H2 Avg (Jul–Dec) 13.2125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.7697 MDL (High: 13.8453 / Low: 13.0756). On the other end, November was the most stable month, with a tight range of 0.2935 MDL (High: 13.1912 / Low: 12.8977).

July Spread (Volatile) ±0.7697

November Spread (Stable) ±0.2935

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 July and August, when the average rate fell by 0.4173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 14.1511) against the same month in 2022 (average: 14.1910), the exchange rate shifted by -0.0398 (-0.28%).

2023 Avg (January) 14.1511

2022 Avg (January) 14.1910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3114	13.9929	14.1511
February	14.1486	13.7937	13.9487
March	13.8925	13.3886	13.5812
April	13.6200	13.1321	13.3455
May	13.3250	12.9918	13.1331
June	13.8131	13.1977	13.4713
July	13.8453	13.0756	13.5276
August	13.3741	12.9725	13.1104
September	13.4911	13.0376	13.2655
October	13.4608	13.0483	13.2221
November	13.1912	12.8977	13.0207
December	13.3193	12.9346	13.1285