2024 MDL to BGN Historical Review

YEARLY HIGH

0.1044 BGN

YEARLY LOW

0.1001 BGN

YEARLY AVERAGE

0.1020 BGN

2024 MDL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1044. Conversely, the yearly low was recorded on August 28, dropping to 0.1001.

This high-to-low spread represents a total annual volatility of 0.0043 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1018 to the December average rate of 0.1019, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1044 was up 1.01% compared to the 2023 peak of 0.1034, 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 522 BGN

2023 Average 500 BGN

Yearly Trough Low 501 BGN

Transaction Impact: A difference of 21.44 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1031

0.1012

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 0.1022, compared to 0.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1022

H2 Avg (Jul–Dec) 0.1017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0026 BGN (High: 0.1033 / Low: 0.1007). On the other end, July was the most stable month, with a tight range of 0.0012 BGN (High: 0.1025 / Low: 0.1013).

January Spread (Volatile) ±0.0026

July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1029) against the same month in 2023 (average: 0.0988), the exchange rate shifted by +0.0041 (+4.14%).

2024 Avg (April) 0.1029

2023 Avg (April) 0.0988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1033	0.1007	0.1018
February	0.1030	0.1010	0.1018
March	0.1029	0.1013	0.1019
April	0.1044	0.1020	0.1029
May	0.1039	0.1015	0.1024
June	0.1032	0.1020	0.1026
July	0.1025	0.1013	0.1018
August	0.1024	0.1001	0.1015
September	0.1024	0.1004	0.1013
October	0.1024	0.1007	0.1015
November	0.1031	0.1005	0.1020
December	0.1028	0.1007	0.1019