2023 MDL to CAD Historical Review

YEARLY HIGH

0.0775 CAD

YEARLY LOW

0.0699 CAD

YEARLY AVERAGE

0.0746 CAD

2023 MDL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0775. Conversely, the yearly low was recorded on January 8, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0077 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0707 to the December average rate of 0.0762, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0775 was up 7.99% compared to the 2022 peak of 0.0718, 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 388 CAD

2022 Average 345 CAD

Yearly Trough Low 349 CAD

Transaction Impact: A difference of 38.29 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0774

0.0701

JanuMarcMayJulySeptNove

MDL to CAD 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 0.0736, compared to 0.0757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0736

H2 Avg (Jul–Dec) 0.0757

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0043 CAD (High: 0.0765 / Low: 0.0722). On the other end, January was the most stable month, with a tight range of 0.0016 CAD (High: 0.0715 / Low: 0.0699).

July Spread (Volatile) ±0.0043

January Spread (Stable) ±0.0016

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 May and June, 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 (November 2023: 0.0768) against the same month in 2022 (average: 0.0699), the exchange rate shifted by +0.0069 (+9.90%).

2023 Avg (November) 0.0768

2022 Avg (November) 0.0699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0715	0.0699	0.0707
February	0.0725	0.0707	0.0717
March	0.0747	0.0720	0.0736
April	0.0761	0.0734	0.0749
May	0.0770	0.0750	0.0761
June	0.0758	0.0724	0.0742
July	0.0765	0.0722	0.0739
August	0.0771	0.0748	0.0763
September	0.0767	0.0741	0.0754
October	0.0766	0.0743	0.0756
November	0.0775	0.0758	0.0768
December	0.0773	0.0751	0.0762