2024 EUR to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EUR to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EUR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 19.5373. Conversely, the yearly low was recorded on April 15, dropping to 18.7321.
This high-to-low spread represents a total annual volatility of 0.8052 MDL. From a start-to-finish perspective, comparing the January average rate of 19.2253 to the December average rate of 19.1822, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 19.5373 was down 5.96% compared to the 2023 peak of 20.7766, 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 2024.
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 19.1329, compared to 19.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.5109 MDL (High: 19.4393 / Low: 18.9284). On the other end, July was the most stable month, with a tight range of 0.2258 MDL (High: 19.3088 / Low: 19.0830).
Growth Streaks & Declines
TrendsBetween 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 0.1867 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 19.2750) against the same month in 2023 (average: 19.2873), the exchange rate shifted by -0.0123 (-0.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4393 | 18.9284 | 19.2253 |
| February | 19.3788 | 18.9750 | 19.2155 |
| March | 19.3586 | 19.0039 | 19.1905 |
| April | 19.1531 | 18.7321 | 19.0038 |
| May | 19.2693 | 18.8852 | 19.0932 |
| June | 19.2006 | 18.9454 | 19.0688 |
| July | 19.3088 | 19.0830 | 19.2169 |
| August | 19.5373 | 19.1138 | 19.2750 |
| September | 19.4695 | 19.0978 | 19.3079 |
| October | 19.4286 | 19.0942 | 19.2682 |
| November | 19.4415 | 18.9660 | 19.1779 |
| December | 19.4078 | 18.9407 | 19.1822 |