YEARLY HIGH
0.1159 BBD
YEARLY LOW
0.1083 BBD
YEARLY AVERAGE
0.1128 BBD

2024 MDL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1159. Conversely, the yearly low was recorded on December 28, dropping to 0.1083.

This high-to-low spread represents a total annual volatility of 0.0076 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1135 to the December average rate of 0.1092, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1159 was up 0.27% compared to the 2023 peak of 0.1156, 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 580 BBD
2023 Average 553 BBD
Yearly Trough Low 542 BBD
Transaction Impact: A difference of 37.98 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1157
0.1086
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 0.1130, compared to 0.1126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1130
H2 Avg (Jul–Dec) 0.1126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0040 BBD (High: 0.1151 / Low: 0.1112). On the other end, February was the most stable month, with a tight range of 0.0011 BBD (High: 0.1129 / Low: 0.1117).

October Spread (Volatile) ±0.0040
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1144) against the same month in 2023 (average: 0.1131), the exchange rate shifted by +0.0013 (+1.11%).

2024 Avg (August) 0.1144
2023 Avg (August) 0.1131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1156 0.1126 0.1135
February 0.1129 0.1117 0.1124
March 0.1140 0.1126 0.1133
April 0.1138 0.1117 0.1128
May 0.1138 0.1126 0.1133
June 0.1141 0.1118 0.1129
July 0.1138 0.1122 0.1130
August 0.1159 0.1128 0.1144
September 0.1157 0.1143 0.1151
October 0.1151 0.1112 0.1131
November 0.1125 0.1093 0.1108
December 0.1097 0.1083 0.1092