2023 MDL to AED Historical Review

YEARLY HIGH

0.2123 AED

YEARLY LOW

0.1910 AED

YEARLY AVERAGE

0.2030 AED

2023 MDL to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2123. Conversely, the yearly low was recorded on January 8, dropping to 0.1910.

This high-to-low spread represents a total annual volatility of 0.0213 AED. From a start-to-finish perspective, comparing the January average rate of 0.1934 to the December average rate of 0.2086, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2123 was up 2.62% compared to the 2022 peak of 0.2069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,062 AED

2022 Average 974 AED

Yearly Trough Low 955 AED

Transaction Impact: A difference of 106.58 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2101

0.1919

JanuMarcMayJulySeptNove

MDL to AED 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 0.2003, compared to 0.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2003

H2 Avg (Jul–Dec) 0.2057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0121 AED (High: 0.2123 / Low: 0.2003). On the other end, October was the most stable month, with a tight range of 0.0030 AED (High: 0.2041 / Low: 0.2010).

July Spread (Volatile) ±0.0121

October Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0034 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2086) against the same month in 2022 (average: 0.1901), the exchange rate shifted by +0.0186 (+9.77%).

2023 Avg (December) 0.2086

2022 Avg (December) 0.1901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1963	0.1910	0.1934
February	0.1973	0.1940	0.1957
March	0.2007	0.1945	0.1974
April	0.2056	0.2007	0.2036
May	0.2080	0.2048	0.2067
June	0.2070	0.2007	0.2052
July	0.2123	0.2003	0.2053
August	0.2099	0.2061	0.2078
September	0.2066	0.2008	0.2044
October	0.2041	0.2010	0.2026
November	0.2078	0.2027	0.2058
December	0.2123	0.2048	0.2086