YEARLY HIGH
0.4015 BOB
YEARLY LOW
0.3597 BOB
YEARLY AVERAGE
0.3819 BOB

2023 MDL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4015. Conversely, the yearly low was recorded on January 8, dropping to 0.3597.

This high-to-low spread represents a total annual volatility of 0.0418 BOB. From a start-to-finish perspective, comparing the January average rate of 0.3639 to the December average rate of 0.3930, the exchange rate registered a net change of 7.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4015 was up 3.24% compared to the 2022 peak of 0.3889, 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 2,007 BOB
2022 Average 1,828 BOB
Yearly Trough Low 1,798 BOB
Transaction Impact: A difference of 209.01 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3959
0.3610
JanuMarcMayJulySeptNove

MDL to BOB 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 0.3768, compared to 0.3869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.3768
H2 Avg (Jul–Dec) 0.3869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0231 BOB (High: 0.3997 / Low: 0.3766). On the other end, February was the most stable month, with a tight range of 0.0050 BOB (High: 0.3698 / Low: 0.3647).

July Spread (Volatile) ±0.0231
February Spread (Stable) ±0.0050

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 August and September, when the average rate fell by 0.0065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3930) against the same month in 2022 (average: 0.3577), the exchange rate shifted by +0.0352 (+9.85%).

2023 Avg (December) 0.3930
2022 Avg (December) 0.3577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3693 0.3597 0.3639
February 0.3698 0.3647 0.3682
March 0.3773 0.3659 0.3709
April 0.3879 0.3767 0.3830
May 0.3915 0.3846 0.3888
June 0.3903 0.3776 0.3860
July 0.3997 0.3766 0.3859
August 0.3949 0.3876 0.3909
September 0.3892 0.3786 0.3844
October 0.3841 0.3788 0.3808
November 0.3911 0.3809 0.3867
December 0.4015 0.3854 0.3930