YEARLY HIGH
0.2867 BRL
YEARLY LOW
0.2617 BRL
YEARLY AVERAGE
0.2760 BRL

2023 MDL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.2867. Conversely, the yearly low was recorded on July 1, dropping to 0.2617.

This high-to-low spread represents a total annual volatility of 0.0250 BRL. From a start-to-finish perspective, comparing the January average rate of 0.2732 to the December average rate of 0.2782, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2867 was down 10.39% compared to the 2022 peak of 0.3199, 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 1,434 BRL
2022 Average 1,369 BRL
Yearly Trough Low 1,309 BRL
Transaction Impact: A difference of 124.81 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2813
0.2670
JanuMarcMayJulySeptNove

MDL to BRL 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 0.2764, compared to 0.2755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2764
H2 Avg (Jul–Dec) 0.2755

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0209 BRL (High: 0.2826 / Low: 0.2617). On the other end, December was the most stable month, with a tight range of 0.0073 BRL (High: 0.2818 / Low: 0.2745).

June Spread (Volatile) ±0.0209
December Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2801) against the same month in 2022 (average: 0.2709), the exchange rate shifted by +0.0092 (+3.39%).

2023 Avg (March) 0.2801
2022 Avg (March) 0.2709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2861 0.2670 0.2732
February 0.2795 0.2691 0.2759
March 0.2867 0.2743 0.2801
April 0.2826 0.2725 0.2780
May 0.2848 0.2750 0.2801
June 0.2826 0.2617 0.2711
July 0.2769 0.2617 0.2682
August 0.2848 0.2701 0.2776
September 0.2794 0.2706 0.2752
October 0.2843 0.2755 0.2792
November 0.2787 0.2706 0.2746
December 0.2818 0.2745 0.2782