2024 CVE to MDL Historical Review

YEARLY HIGH

0.1772 MDL

YEARLY LOW

0.1702 MDL

YEARLY AVERAGE

0.1738 MDL

2024 CVE to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 0.1772. Conversely, the yearly low was recorded on April 15, dropping to 0.1702.

This high-to-low spread represents a total annual volatility of 0.0070 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1742 to the December average rate of 0.1741, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1772 was down 5.48% compared to the 2023 peak of 0.1874, 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 886 MDL

2023 Average 886 MDL

Yearly Trough Low 851 MDL

Transaction Impact: A difference of 34.83 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1751

0.1723

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 0.1734, compared to 0.1743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1734

H2 Avg (Jul–Dec) 0.1743

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0053 MDL (High: 0.1772 / Low: 0.1718). On the other end, July was the most stable month, with a tight range of 0.0022 MDL (High: 0.1751 / Low: 0.1728).

August Spread (Volatile) ±0.0053

July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1743) against the same month in 2023 (average: 0.1748), the exchange rate shifted by -0.0006 (-0.32%).

2024 Avg (August) 0.1743

2023 Avg (August) 0.1748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1763	0.1723	0.1742
February	0.1758	0.1725	0.1741
March	0.1751	0.1722	0.1738
April	0.1737	0.1702	0.1725
May	0.1745	0.1705	0.1728
June	0.1739	0.1716	0.1728
July	0.1751	0.1728	0.1741
August	0.1772	0.1718	0.1743
September	0.1769	0.1734	0.1749
October	0.1762	0.1734	0.1746
November	0.1764	0.1719	0.1739
December	0.1761	0.1729	0.1741