2024 CNY to MDL Historical Review

YEARLY HIGH

2.5294 MDL

YEARLY LOW

2.4166 MDL

YEARLY AVERAGE

2.4706 MDL

2024 CNY to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.5294. Conversely, the yearly low was recorded on July 19, dropping to 2.4166.

This high-to-low spread represents a total annual volatility of 0.1128 MDL. From a start-to-finish perspective, comparing the January average rate of 2.4782 to the December average rate of 2.5156, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5294 was down 11.05% compared to the 2023 peak of 2.8437, 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 63,235 MDL

2023 Average 64,023 MDL

Yearly Trough Low 60,415 MDL

Transaction Impact: A difference of 2,820.35 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5232

2.4322

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 2.4649, compared to 2.4762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 2.4649

H2 Avg (Jul–Dec) 2.4762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0879 MDL (High: 2.5190 / Low: 2.4311). On the other end, December was the most stable month, with a tight range of 0.0267 MDL (High: 2.5294 / Low: 2.5027).

April Spread (Volatile) ±0.0879

December Spread (Stable) ±0.0267

Growth Streaks & Declines

Trends

Between July and December, 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 0.0341 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5156) against the same month in 2023 (average: 2.4733), the exchange rate shifted by +0.0423 (+1.71%).

2024 Avg (December) 2.5156

2023 Avg (December) 2.4733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5019	2.4367	2.4782
February	2.5124	2.4634	2.4870
March	2.4782	2.4367	2.4529
April	2.5190	2.4311	2.4522
May	2.5050	2.4311	2.4639
June	2.5025	2.4218	2.4555
July	2.4810	2.4166	2.4398
August	2.4758	2.4254	2.4467
September	2.4872	2.4278	2.4566
October	2.5261	2.4699	2.4941
November	2.5254	2.4749	2.5042
December	2.5294	2.5027	2.5156