2024 CHF to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 20.9026. Conversely, the yearly low was recorded on April 30, dropping to 19.1966.
This high-to-low spread represents a total annual volatility of 1.7060 MDL. From a start-to-finish perspective, comparing the January average rate of 20.5342 to the December average rate of 20.5375, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 20.9026 was down 0.73% compared to the 2023 peak of 21.0569, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF 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 19.9017, compared to 20.3867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4850 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.7327 MDL (High: 20.8632 / Low: 20.1305). On the other end, September was the most stable month, with a tight range of 0.3705 MDL (High: 20.6663 / Low: 20.2958).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4369 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 20.5375) against the same month in 2023 (average: 20.3826), the exchange rate shifted by +0.1549 (+0.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.8111 | 20.2365 | 20.5342 |
| February | 20.6958 | 19.9660 | 20.3001 |
| March | 20.1062 | 19.4750 | 19.8632 |
| April | 19.6705 | 19.1966 | 19.4762 |
| May | 19.6403 | 19.2310 | 19.4238 |
| June | 20.0937 | 19.5063 | 19.8125 |
| July | 20.1192 | 19.6492 | 19.8536 |
| August | 20.8632 | 20.1305 | 20.3911 |
| September | 20.6663 | 20.2958 | 20.5172 |
| October | 20.7519 | 20.3165 | 20.5285 |
| November | 20.7365 | 20.2451 | 20.4922 |
| December | 20.9026 | 20.2521 | 20.5375 |