2023 HNL to MDL Historical Review

YEARLY HIGH

0.7793 MDL

YEARLY LOW

0.6998 MDL

YEARLY AVERAGE

0.7340 MDL

2023 HNL to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.7793. Conversely, the yearly low was recorded on December 28, dropping to 0.6998.

This high-to-low spread represents a total annual volatility of 0.0795 MDL. From a start-to-finish perspective, comparing the January average rate of 0.7699 to the December average rate of 0.7124, the exchange rate registered a net change of -7.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7793 was down 2.03% compared to the 2022 peak of 0.7954, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,896 MDL

2022 Average 3,834 MDL

Yearly Trough Low 3,499 MDL

Transaction Impact: A difference of 397.31 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7757

0.7067

JanuMarcMayJulySeptNove

HNL 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 0.7445, compared to 0.7234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.7445

H2 Avg (Jul–Dec) 0.7234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0453 MDL (High: 0.7479 / Low: 0.7027). On the other end, October was the most stable month, with a tight range of 0.0098 MDL (High: 0.7392 / Low: 0.7293).

July Spread (Volatile) ±0.0453

October Spread (Stable) ±0.0098

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 March and April, when the average rate fell by 0.0217 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7699) against the same month in 2022 (average: 0.7309), the exchange rate shifted by +0.0390 (+5.34%).

2023 Avg (January) 0.7699

2022 Avg (January) 0.7309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7793	0.7586	0.7699
February	0.7688	0.7530	0.7615
March	0.7656	0.7422	0.7554
April	0.7440	0.7265	0.7337
May	0.7283	0.7165	0.7214
June	0.7403	0.7173	0.7253
July	0.7479	0.7027	0.7267
August	0.7240	0.7106	0.7181
September	0.7400	0.7155	0.7256
October	0.7392	0.7293	0.7340
November	0.7363	0.7158	0.7234
December	0.7271	0.6998	0.7124