YEARLY HIGH
0.0774 BND
YEARLY LOW
0.0730 BND
YEARLY AVERAGE
0.0754 BND

2024 MDL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0774. Conversely, the yearly low was recorded on December 9, dropping to 0.0730.

This high-to-low spread represents a total annual volatility of 0.0043 BND. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0737, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0774 was down 0.21% compared to the 2023 peak of 0.0775, 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 387 BND
2023 Average 371 BND
Yearly Trough Low 365 BND
Transaction Impact: A difference of 21.59 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0768
0.0734
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 0.0761, compared to 0.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0761
H2 Avg (Jul–Dec) 0.0746

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0020 BND (High: 0.0752 / Low: 0.0732). On the other end, February was the most stable month, with a tight range of 0.0008 BND (High: 0.0759 / Low: 0.0751).

November Spread (Volatile) ±0.0020
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, 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 (May 2024: 0.0765) against the same month in 2023 (average: 0.0754), the exchange rate shifted by +0.0012 (+1.55%).

2024 Avg (May) 0.0765
2023 Avg (May) 0.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0766 0.0750 0.0758
February 0.0759 0.0751 0.0755
March 0.0767 0.0754 0.0759
April 0.0771 0.0760 0.0765
May 0.0774 0.0758 0.0765
June 0.0768 0.0757 0.0763
July 0.0765 0.0757 0.0760
August 0.0757 0.0742 0.0752
September 0.0756 0.0738 0.0746
October 0.0745 0.0736 0.0741
November 0.0752 0.0732 0.0741
December 0.0742 0.0730 0.0737