2023 CNY to MDL Historical Review

YEARLY HIGH

2.8437 MDL

YEARLY LOW

2.4032 MDL

YEARLY AVERAGE

2.5619 MDL

2023 CNY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.8437. Conversely, the yearly low was recorded on August 15, dropping to 2.4032.

This high-to-low spread represents a total annual volatility of 0.4405 MDL. From a start-to-finish perspective, comparing the January average rate of 2.7963 to the December average rate of 2.4733, the exchange rate registered a net change of -11.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8437 was down 2.70% compared to the 2022 peak of 2.9225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 71,092 MDL

2022 Average 70,156 MDL

Yearly Trough Low 60,079 MDL

Transaction Impact: A difference of 11,013.43 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8318

2.4065

JanuMarcMayJulySeptNove

CNY 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 2.6504, compared to 2.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1771 points.

H1 Avg (Jan–Jun) 2.6504

H2 Avg (Jul–Dec) 2.4734

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1311 MDL (High: 2.5380 / Low: 2.4068). On the other end, June was the most stable month, with a tight range of 0.0495 MDL (High: 2.5264 / Low: 2.4768).

July Spread (Volatile) ±0.1311

June Spread (Stable) ±0.0495

Growth Streaks & Declines

Trends

Between August and October, 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 0.0801 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7963) against the same month in 2022 (average: 2.8196), the exchange rate shifted by -0.0233 (-0.83%).

2023 Avg (January) 2.7963

2022 Avg (January) 2.8196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8437	2.7588	2.7963
February	2.7916	2.7042	2.7430
March	2.7486	2.6645	2.6994
April	2.6646	2.5835	2.6193
May	2.5941	2.4962	2.5426
June	2.5264	2.4768	2.5018
July	2.5380	2.4068	2.4903
August	2.4818	2.4032	2.4420
September	2.5074	2.4345	2.4647
October	2.5470	2.4642	2.4925
November	2.5121	2.4455	2.4773
December	2.5204	2.4296	2.4733