YEARLY HIGH
0.1172 BZD
YEARLY LOW
0.1089 BZD
YEARLY AVERAGE
0.1137 BZD

2024 MDL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.1172. Conversely, the yearly low was recorded on December 28, dropping to 0.1089.

This high-to-low spread represents a total annual volatility of 0.0082 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1144 to the December average rate of 0.1099, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1172 was up 0.04% compared to the 2023 peak of 0.1171, 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
2023 Average 557 BZD
Yearly Trough Low 545 BZD
Transaction Impact: A difference of 41.14 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1166
0.1092
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 0.1139, compared to 0.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1139
H2 Avg (Jul–Dec) 0.1134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0039 BZD (High: 0.1172 / Low: 0.1133). On the other end, May was the most stable month, with a tight range of 0.0011 BZD (High: 0.1147 / Low: 0.1136).

August Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1152) against the same month in 2023 (average: 0.1140), the exchange rate shifted by +0.0012 (+1.02%).

2024 Avg (August) 0.1152
2023 Avg (August) 0.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1166 0.1135 0.1144
February 0.1143 0.1126 0.1133
March 0.1149 0.1134 0.1141
April 0.1147 0.1123 0.1137
May 0.1147 0.1136 0.1141
June 0.1148 0.1126 0.1138
July 0.1147 0.1131 0.1138
August 0.1172 0.1133 0.1152
September 0.1167 0.1152 0.1160
October 0.1160 0.1123 0.1141
November 0.1134 0.1101 0.1117
December 0.1106 0.1089 0.1099