YEARLY HIGH
0.0437 MDL
YEARLY LOW
0.0377 MDL
YEARLY AVERAGE
0.0397 MDL

2023 KZT to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0437. Conversely, the yearly low was recorded on September 21, dropping to 0.0377.

This high-to-low spread represents a total annual volatility of 0.0059 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0411 to the December average rate of 0.0383, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0437 was down 4.93% compared to the 2022 peak of 0.0459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218 MDL
2022 Average 205 MDL
Yearly Trough Low 189 MDL
Transaction Impact: A difference of 29.63 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0419
0.0377
JanuMarcMayJulySeptNove

KZT 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 0.0406, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0406
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0038 MDL (High: 0.0437 / Low: 0.0398). On the other end, January was the most stable month, with a tight range of 0.0008 MDL (High: 0.0414 / Low: 0.0406).

March Spread (Volatile) ±0.0038
January Spread (Stable) ±0.0008

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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0413) against the same month in 2022 (average: 0.0364), the exchange rate shifted by +0.0048 (+13.21%).

2023 Avg (March) 0.0413
2022 Avg (March) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0414 0.0406 0.0411
February 0.0424 0.0405 0.0416
March 0.0437 0.0398 0.0413
April 0.0410 0.0392 0.0399
May 0.0402 0.0393 0.0398
June 0.0405 0.0392 0.0399
July 0.0412 0.0388 0.0402
August 0.0399 0.0382 0.0390
September 0.0389 0.0377 0.0384
October 0.0386 0.0377 0.0381
November 0.0390 0.0380 0.0385
December 0.0392 0.0378 0.0383