YEARLY HIGH
0.1156 BBD
YEARLY LOW
0.1040 BBD
YEARLY AVERAGE
0.1106 BBD

2023 MDL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1156. Conversely, the yearly low was recorded on January 8, dropping to 0.1040.

This high-to-low spread represents a total annual volatility of 0.0116 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1053 to the December average rate of 0.1136, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1156 was up 2.63% compared to the 2022 peak of 0.1127, 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 578 BBD
2022 Average 530 BBD
Yearly Trough Low 520 BBD
Transaction Impact: A difference of 58.05 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1144
0.1045
JanuMarcMayJulySeptNove

MDL to BBD 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 0.1091, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1091
H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0066 BBD (High: 0.1156 / Low: 0.1090). On the other end, October was the most stable month, with a tight range of 0.0016 BBD (High: 0.1111 / Low: 0.1095).

July Spread (Volatile) ±0.0066
October Spread (Stable) ±0.0016

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 0.0019 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1136) against the same month in 2022 (average: 0.1035), the exchange rate shifted by +0.0101 (+9.78%).

2023 Avg (December) 0.1136
2022 Avg (December) 0.1035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1069 0.1040 0.1053
February 0.1074 0.1057 0.1065
March 0.1093 0.1059 0.1075
April 0.1120 0.1093 0.1109
May 0.1133 0.1115 0.1126
June 0.1127 0.1093 0.1117
July 0.1156 0.1090 0.1118
August 0.1143 0.1122 0.1131
September 0.1125 0.1094 0.1113
October 0.1111 0.1095 0.1103
November 0.1132 0.1104 0.1121
December 0.1156 0.1115 0.1136