2024 FKP to MDL Historical Review

YEARLY HIGH

23.4100 MDL

YEARLY LOW

21.8376 MDL

YEARLY AVERAGE

22.6599 MDL

2024 FKP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 23.4100. Conversely, the yearly low was recorded on January 2, dropping to 21.8376.

This high-to-low spread represents a total annual volatility of 1.5724 MDL. From a start-to-finish perspective, comparing the January average rate of 22.3937 to the December average rate of 23.1428, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.4100 was down 1.44% compared to the 2023 peak of 23.7511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,050 MDL

2023 Average 112,515 MDL

Yearly Trough Low 109,188 MDL

Transaction Impact: A difference of 7,861.93 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.2397

22.0761

JanuMarcMayJulySeptNove

FKP 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 22.3851, compared to 22.9346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5495 points.

H1 Avg (Jan–Jun) 22.3851

H2 Avg (Jul–Dec) 22.9346

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.8529 MDL (High: 23.1703 / Low: 22.3174). On the other end, June was the most stable month, with a tight range of 0.3168 MDL (High: 22.6546 / Low: 22.3378).

August Spread (Volatile) ±0.8529

June Spread (Stable) ±0.3168

Growth Streaks & Declines

Trends

Between April and July, 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 0.2593 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 23.1428) against the same month in 2023 (average: 22.2994), the exchange rate shifted by +0.8434 (+3.78%).

2024 Avg (December) 23.1428

2023 Avg (December) 22.2994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5988	21.8376	22.3937
February	22.6821	22.3096	22.4849
March	22.6934	22.2246	22.4325
April	22.3426	21.9341	22.1731
May	22.5860	22.0400	22.3119
June	22.6546	22.3378	22.5144
July	22.9847	22.5343	22.7848
August	23.1703	22.3174	22.6354
September	23.3228	22.6221	22.9750
October	23.3166	22.8435	23.0664
November	23.2627	22.7974	23.0033
December	23.4100	22.9329	23.1428