YEARLY HIGH
13.2648 MDL
YEARLY LOW
12.6536 MDL
YEARLY AVERAGE
12.9412 MDL

2024 CAD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 13.2648. Conversely, the yearly low was recorded on December 18, dropping to 12.6536.

This high-to-low spread represents a total annual volatility of 0.6111 MDL. From a start-to-finish perspective, comparing the January average rate of 13.1327 to the December average rate of 12.8446, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.2648 was down 7.31% compared to the 2023 peak of 14.3114, 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 66,324 MDL
2023 Average 67,029 MDL
Yearly Trough Low 63,268 MDL
Transaction Impact: A difference of 3,055.66 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2309
12.7543
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 13.0274, compared to 12.8550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1724 points.

H1 Avg (Jan–Jun) 13.0274
H2 Avg (Jul–Dec) 12.8550

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.3794 MDL (High: 13.0330 / Low: 12.6536). On the other end, March was the most stable month, with a tight range of 0.1794 MDL (High: 13.1359 / Low: 12.9565).

December Spread (Volatile) ±0.3794
March Spread (Stable) ±0.1794

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1545 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 13.1912) against the same month in 2023 (average: 13.9487), the exchange rate shifted by -0.7575 (-5.43%).

2024 Avg (February) 13.1912
2023 Avg (February) 13.9487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2278 12.9858 13.1327
February 13.2648 13.0616 13.1912
March 13.1359 12.9565 13.0367
April 13.0579 12.7811 12.9566
May 13.0226 12.8299 12.9188
June 13.0789 12.7382 12.9283
July 13.0661 12.7468 12.9089
August 13.0311 12.6989 12.7940
September 12.9735 12.6978 12.8270
October 12.9714 12.7356 12.8503
November 13.0832 12.7399 12.9049
December 13.0330 12.6536 12.8446