2023 MDL to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MDL to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MDL to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 23.5337. Conversely, the yearly low was recorded on January 3, dropping to 20.4804.
This high-to-low spread represents a total annual volatility of 3.0533 AMD. From a start-to-finish perspective, comparing the January average rate of 20.8293 to the December average rate of 22.9722, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.5337 was down 16.83% compared to the 2022 peak of 28.2962, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MDL to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.2596, compared to 22.1306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8710 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 1.8405 AMD (High: 23.5337 / Low: 21.6932). On the other end, May was the most stable month, with a tight range of 0.3182 AMD (High: 21.8947 / Low: 21.5765).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 0.3640 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 22.2822) against the same month in 2022 (average: 20.8464), the exchange rate shifted by +1.4357 (+6.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.1612 | 20.4804 | 20.8293 |
| February | 21.3435 | 20.6098 | 20.9933 |
| March | 21.2264 | 20.6034 | 20.8653 |
| April | 21.8555 | 21.2264 | 21.5246 |
| May | 21.8947 | 21.5765 | 21.7586 |
| June | 21.8179 | 21.0962 | 21.5862 |
| July | 22.4832 | 21.0045 | 21.6557 |
| August | 22.1176 | 21.6578 | 21.8603 |
| September | 21.7957 | 21.1204 | 21.4963 |
| October | 23.5337 | 21.6932 | 22.2822 |
| November | 22.7843 | 22.1282 | 22.5170 |
| December | 23.5183 | 22.5075 | 22.9722 |