YEARLY HIGH
160.1324 CDF
YEARLY LOW
105.5151 CDF
YEARLY AVERAGE
129.3099 CDF

2023 MDL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 160.1324. Conversely, the yearly low was recorded on January 7, dropping to 105.5151.

This high-to-low spread represents a total annual volatility of 54.6174 CDF. From a start-to-finish perspective, comparing the January average rate of 107.8895 to the December average rate of 154.6555, the exchange rate registered a net change of 43.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 160.1324 was up 41.65% compared to the 2022 peak of 113.0510, 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 800,662 CDF
2022 Average 535,534 CDF
Yearly Trough Low 527,575 CDF
Transaction Impact: A difference of 273,086.88 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

159.3321
103.2129
JanuMarcMayJulySeptNove

MDL to CDF 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 116.5627, compared to 142.0571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4945 points.

H1 Avg (Jan–Jun) 116.5627
H2 Avg (Jul–Dec) 142.0571

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 17.6565 CDF (High: 154.0982 / Low: 136.4417). On the other end, February was the most stable month, with a tight range of 2.5538 CDF (High: 111.2655 / Low: 108.7117).

November Spread (Volatile) ±17.6565
February Spread (Stable) ±2.5538

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.8838 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.8838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 154.6555) against the same month in 2022 (average: 105.8494), the exchange rate shifted by +48.8061 (+46.11%).

2023 Avg (December) 154.6555
2022 Avg (December) 105.8494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.3576 105.5151 107.8895
February 111.2655 108.7117 109.8774
March 112.9215 108.6400 111.1518
April 121.6735 111.7929 115.3954
May 131.7275 114.2546 123.1987
June 133.5577 130.5007 131.8632
July 145.2472 131.6939 138.0336
August 141.5357 138.5546 140.0710
September 140.2332 135.9985 138.1872
October 143.1020 136.0609 138.8925
November 154.0982 136.4417 142.5030
December 160.1324 150.9981 154.6555