YEARLY HIGH
20.7766 MDL
YEARLY LOW
18.9228 MDL
YEARLY AVERAGE
19.5872 MDL

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.

Transfer Payout Power Comparison

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

Yearly Peak High 103,883 MDL
2022 Average 99,306 MDL
Yearly Trough Low 94,614 MDL
Transaction Impact: A difference of 9,268.95 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.6190
19.0243
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 19.8460
H2 Avg (Jul–Dec) 19.3285

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±1.0575
September Spread (Stable) ±0.3136

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 0.5032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5032

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 20.4861
2022 Avg (January) 20.2881

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