2024 MDL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 56.1936. Conversely, the yearly low was recorded on January 13, dropping to 45.9280.
This high-to-low spread represents a total annual volatility of 10.2656 ARS. From a start-to-finish perspective, comparing the January average rate of 46.4037 to the December average rate of 55.6771, the exchange rate registered a net change of 19.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 56.1936 was up 19.98% compared to the 2023 peak of 46.8343, 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 2024.
MDL to ARS 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 48.5912, compared to 54.5966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0054 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.6536 ARS (High: 55.0807 / Low: 52.4271). On the other end, June was the most stable month, with a tight range of 0.6836 ARS (High: 51.3319 / Low: 50.6482).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0038 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 55.6771) against the same month in 2023 (average: 35.9560), the exchange rate shifted by +19.7211 (+54.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.8514 | 45.9280 | 46.4037 |
| February | 47.4239 | 46.4958 | 46.8583 |
| March | 48.6855 | 47.5404 | 48.1821 |
| April | 49.6824 | 48.5306 | 48.9595 |
| May | 50.7821 | 49.4772 | 50.1495 |
| June | 51.3319 | 50.6482 | 50.9939 |
| July | 52.8115 | 51.2567 | 52.0784 |
| August | 55.0807 | 52.4271 | 53.8013 |
| September | 55.8039 | 54.7206 | 55.2586 |
| October | 55.8289 | 54.7339 | 55.3840 |
| November | 55.9407 | 54.7426 | 55.3803 |
| December | 56.1936 | 55.1934 | 55.6771 |