2023 MDL to BGN Historical Review

YEARLY HIGH

0.1034 BGN

YEARLY LOW

0.0942 BGN

YEARLY AVERAGE

0.0999 BGN

2023 MDL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.1034. Conversely, the yearly low was recorded on January 12, dropping to 0.0942.

This high-to-low spread represents a total annual volatility of 0.0091 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0955 to the December average rate of 0.1017, the exchange rate registered a net change of 6.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1034 was down 1.21% compared to the 2022 peak of 0.1046, 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 517 BGN

2022 Average 493 BGN

Yearly Trough Low 471 BGN

Transaction Impact: A difference of 45.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1028

0.0949

JanuMarcMayJulySeptNove

MDL to BGN 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 0.0987, compared to 0.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0987

H2 Avg (Jul–Dec) 0.1012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0053 BGN (High: 0.1016 / Low: 0.0963). On the other end, September was the most stable month, with a tight range of 0.0017 BGN (High: 0.1027 / Low: 0.1010).

July Spread (Volatile) ±0.0053

September Spread (Stable) ±0.0017

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 June and July, 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 (October 2023: 0.1021) against the same month in 2022 (average: 0.1027), the exchange rate shifted by -0.0006 (-0.59%).

2023 Avg (October) 0.1021

2022 Avg (October) 0.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0969	0.0942	0.0955
February	0.0986	0.0956	0.0974
March	0.0996	0.0971	0.0981
April	0.0995	0.0977	0.0988
May	0.1031	0.0987	0.1013
June	0.1029	0.0980	0.1008
July	0.1016	0.0963	0.0989
August	0.1025	0.1001	0.1014
September	0.1027	0.1010	0.1019
October	0.1034	0.1008	0.1021
November	0.1029	0.1000	0.1013
December	0.1031	0.1003	0.1017