YEARLY HIGH
0.3170 MDL
YEARLY LOW
0.1434 MDL
YEARLY AVERAGE
0.2443 MDL

2024 ETB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.3170. Conversely, the yearly low was recorded on December 11, dropping to 0.1434.

This high-to-low spread represents a total annual volatility of 0.1735 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3123 to the December average rate of 0.1446, the exchange rate registered a net change of -53.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3170 was down 11.47% compared to the 2023 peak of 0.3580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,585 MDL
2023 Average 1,654 MDL
Yearly Trough Low 717 MDL
Transaction Impact: A difference of 867.67 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3313
0.1277
JanuMarcMayJulySeptNove

ETB 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 0.3109, compared to 0.1777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1332 points.

H1 Avg (Jan–Jun) 0.3109
H2 Avg (Jul–Dec) 0.1777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0765 MDL (High: 0.3103 / Low: 0.2337). On the other end, May was the most stable month, with a tight range of 0.0036 MDL (High: 0.3098 / Low: 0.3062).

July Spread (Volatile) ±0.0765
May Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1324 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3144) against the same month in 2023 (average: 0.3495), the exchange rate shifted by -0.0351 (-10.05%).

2024 Avg (February) 0.3144
2023 Avg (February) 0.3495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3152 0.3069 0.3123
February 0.3170 0.3116 0.3144
March 0.3141 0.3089 0.3112
April 0.3159 0.3079 0.3115
May 0.3098 0.3062 0.3080
June 0.3114 0.3053 0.3081
July 0.3103 0.2337 0.3046
August 0.2249 0.1544 0.1722
September 0.1571 0.1449 0.1506
October 0.1498 0.1446 0.1469
November 0.1493 0.1446 0.1472
December 0.1478 0.1434 0.1446