YEARLY HIGH
0.1874 MDL
YEARLY LOW
0.1694 MDL
YEARLY AVERAGE
0.1773 MDL

2023 CVE to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1874. Conversely, the yearly low was recorded on June 13, dropping to 0.1694.

This high-to-low spread represents a total annual volatility of 0.0180 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1853 to the December average rate of 0.1740, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1874 was up 0.14% compared to the 2022 peak of 0.1872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 937 MDL
2022 Average 898 MDL
Yearly Trough Low 847 MDL
Transaction Impact: A difference of 90.18 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1865
0.1724
JanuMarcMayJulySeptNove

CVE 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 0.1796, compared to 0.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.1796
H2 Avg (Jul–Dec) 0.1751

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0111 MDL (High: 0.1805 / Low: 0.1694). On the other end, September was the most stable month, with a tight range of 0.0028 MDL (High: 0.1756 / Low: 0.1728).

June Spread (Volatile) ±0.0111
September Spread (Stable) ±0.0028

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 0.0044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1853) against the same month in 2022 (average: 0.1834), the exchange rate shifted by +0.0019 (+1.02%).

2023 Avg (January) 0.1853
2022 Avg (January) 0.1834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1874 0.1830 0.1853
February 0.1857 0.1804 0.1821
March 0.1825 0.1785 0.1805
April 0.1807 0.1778 0.1791
May 0.1788 0.1720 0.1748
June 0.1805 0.1694 0.1754
July 0.1843 0.1745 0.1793
August 0.1764 0.1731 0.1748
September 0.1756 0.1728 0.1740
October 0.1752 0.1717 0.1735
November 0.1768 0.1718 0.1746
December 0.1766 0.1717 0.1740