YEARLY HIGH
0.0790 CAD
YEARLY LOW
0.0754 CAD
YEARLY AVERAGE
0.0773 CAD

2024 MDL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0790. Conversely, the yearly low was recorded on February 24, dropping to 0.0754.

This high-to-low spread represents a total annual volatility of 0.0036 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0761 to the December average rate of 0.0779, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0790 was up 1.93% compared to the 2023 peak of 0.0775, 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 395 CAD
2023 Average 373 CAD
Yearly Trough Low 377 CAD
Transaction Impact: A difference of 18.20 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0784
0.0756
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 0.0768, compared to 0.0778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0768
H2 Avg (Jul–Dec) 0.0778

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0023 CAD (High: 0.0790 / Low: 0.0767). On the other end, March was the most stable month, with a tight range of 0.0011 CAD (High: 0.0772 / Low: 0.0761).

December Spread (Volatile) ±0.0023
March Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0779) against the same month in 2023 (average: 0.0762), the exchange rate shifted by +0.0017 (+2.21%).

2024 Avg (December) 0.0779
2023 Avg (December) 0.0762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0770 0.0756 0.0761
February 0.0766 0.0754 0.0758
March 0.0772 0.0761 0.0767
April 0.0782 0.0766 0.0772
May 0.0779 0.0768 0.0774
June 0.0785 0.0765 0.0774
July 0.0785 0.0765 0.0775
August 0.0787 0.0767 0.0782
September 0.0788 0.0771 0.0780
October 0.0785 0.0771 0.0778
November 0.0785 0.0764 0.0775
December 0.0790 0.0767 0.0779