YEARLY HIGH
0.2659 MDL
YEARLY LOW
0.2444 MDL
YEARLY AVERAGE
0.2578 MDL

2024 GMD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.2659. Conversely, the yearly low was recorded on September 11, dropping to 0.2444.

This high-to-low spread represents a total annual volatility of 0.0215 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2619 to the December average rate of 0.2551, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2659 was down 14.18% compared to the 2023 peak of 0.3098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,330 MDL
2023 Average 1,455 MDL
Yearly Trough Low 1,222 MDL
Transaction Impact: A difference of 107.71 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2647
0.2485
JanuMarcMayJulySeptNove

GMD 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 0.2614, compared to 0.2542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.2614
H2 Avg (Jul–Dec) 0.2542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0122 MDL (High: 0.2569 / Low: 0.2447). On the other end, May was the most stable month, with a tight range of 0.0028 MDL (High: 0.2621 / Low: 0.2593).

August Spread (Volatile) ±0.0122
May Spread (Stable) ±0.0028

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 0.0106 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2633) against the same month in 2023 (average: 0.3072), the exchange rate shifted by -0.0439 (-14.29%).

2024 Avg (February) 0.2633
2023 Avg (February) 0.3072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2637 0.2573 0.2619
February 0.2659 0.2614 0.2633
March 0.2612 0.2582 0.2599
April 0.2638 0.2589 0.2611
May 0.2621 0.2593 0.2605
June 0.2639 0.2586 0.2615
July 0.2630 0.2537 0.2610
August 0.2569 0.2447 0.2504
September 0.2554 0.2444 0.2498
October 0.2597 0.2486 0.2552
November 0.2577 0.2485 0.2536
December 0.2577 0.2532 0.2551