2023 EUR to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 20.7766. Conversely, the yearly low was recorded on October 14, dropping to 18.9228.
This high-to-low spread represents a total annual volatility of 1.8538 MDL. From a start-to-finish perspective, comparing the January average rate of 20.4861 to the December average rate of 19.2305, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 20.7766 was up 0.67% compared to the 2022 peak of 20.6378, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EUR to MDL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.8460, compared to 19.3285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5175 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.0575 MDL (High: 20.3063 / Low: 19.2488). On the other end, September was the most stable month, with a tight range of 0.3136 MDL (High: 19.3507 / Low: 19.0371).
Growth Streaks & Declines
TrendsBetween 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 0.5032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 20.4861) against the same month in 2022 (average: 20.2881), the exchange rate shifted by +0.1981 (+0.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.7766 | 20.1886 | 20.4861 |
| February | 20.6833 | 19.8818 | 20.0897 |
| March | 20.1633 | 19.6524 | 19.9359 |
| April | 20.0180 | 19.5380 | 19.8214 |
| May | 19.9354 | 18.9857 | 19.3315 |
| June | 19.9771 | 19.0107 | 19.4113 |
| July | 20.3063 | 19.2488 | 19.7904 |
| August | 19.5381 | 19.0840 | 19.2873 |
| September | 19.3507 | 19.0371 | 19.1936 |
| October | 19.4013 | 18.9228 | 19.1572 |
| November | 19.5623 | 18.9993 | 19.3121 |
| December | 19.5126 | 18.9777 | 19.2305 |