YEARLY HIGH
0.0775 BND
YEARLY LOW
0.0692 BND
YEARLY AVERAGE
0.0742 BND

2023 MDL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0775. Conversely, the yearly low was recorded on January 15, dropping to 0.0692.

This high-to-low spread represents a total annual volatility of 0.0083 BND. From a start-to-finish perspective, comparing the January average rate of 0.0699 to the December average rate of 0.0757, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0775 was up 1.64% compared to the 2022 peak of 0.0763, 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 388 BND
2022 Average 366 BND
Yearly Trough Low 346 BND
Transaction Impact: A difference of 41.73 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0770
0.0692
JanuMarcMayJulySeptNove

MDL to BND 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 0.0729, compared to 0.0756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0729
H2 Avg (Jul–Dec) 0.0756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0039 BND (High: 0.0768 / Low: 0.0729). On the other end, January was the most stable month, with a tight range of 0.0011 BND (High: 0.0703 / Low: 0.0692).

July Spread (Volatile) ±0.0039
January Spread (Stable) ±0.0011

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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0764) against the same month in 2022 (average: 0.0719), the exchange rate shifted by +0.0045 (+6.26%).

2023 Avg (August) 0.0764
2022 Avg (August) 0.0719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0703 0.0692 0.0699
February 0.0717 0.0697 0.0710
March 0.0728 0.0710 0.0720
April 0.0746 0.0725 0.0737
May 0.0763 0.0743 0.0754
June 0.0761 0.0741 0.0752
July 0.0768 0.0729 0.0746
August 0.0775 0.0752 0.0764
September 0.0767 0.0746 0.0758
October 0.0761 0.0747 0.0755
November 0.0763 0.0749 0.0755
December 0.0765 0.0745 0.0757