YEARLY HIGH
0.1171 BZD
YEARLY LOW
0.1049 BZD
YEARLY AVERAGE
0.1114 BZD

2023 MDL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1171. Conversely, the yearly low was recorded on January 8, dropping to 0.1049.

This high-to-low spread represents a total annual volatility of 0.0122 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1061 to the December average rate of 0.1146, the exchange rate registered a net change of 7.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1171 was up 3.12% compared to the 2022 peak of 0.1136, 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 586 BZD
2022 Average 535 BZD
Yearly Trough Low 525 BZD
Transaction Impact: A difference of 60.99 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1155
0.1053
JanuMarcMayJulySeptNove

MDL to BZD 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 0.1099, compared to 0.1129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1099
H2 Avg (Jul–Dec) 0.1129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0067 BZD (High: 0.1166 / Low: 0.1099). On the other end, February was the most stable month, with a tight range of 0.0015 BZD (High: 0.1079 / Low: 0.1064).

July Spread (Volatile) ±0.0067
February Spread (Stable) ±0.0015

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 0.0019 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1146) against the same month in 2022 (average: 0.1043), the exchange rate shifted by +0.0103 (+9.86%).

2023 Avg (December) 0.1146
2022 Avg (December) 0.1043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1077 0.1049 0.1061
February 0.1079 0.1064 0.1074
March 0.1101 0.1068 0.1081
April 0.1128 0.1099 0.1116
May 0.1142 0.1122 0.1134
June 0.1139 0.1102 0.1126
July 0.1166 0.1099 0.1125
August 0.1152 0.1131 0.1140
September 0.1135 0.1104 0.1121
October 0.1120 0.1105 0.1111
November 0.1141 0.1111 0.1128
December 0.1171 0.1124 0.1146