2023 MDL to CNY Historical Review

YEARLY HIGH

0.4161 CNY

YEARLY LOW

0.3517 CNY

YEARLY AVERAGE

0.3912 CNY

2023 MDL to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.4161. Conversely, the yearly low was recorded on January 15, dropping to 0.3517.

This high-to-low spread represents a total annual volatility of 0.0645 CNY. From a start-to-finish perspective, comparing the January average rate of 0.3576 to the December average rate of 0.4044, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4161 was up 9.68% compared to the 2022 peak of 0.3794, 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 2,081 CNY

2022 Average 1,783 CNY

Yearly Trough Low 1,758 CNY

Transaction Impact: A difference of 322.32 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4147

0.3525

JanuMarcMayJulySeptNove

MDL to CNY 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 0.3779, compared to 0.4044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.3779

H2 Avg (Jul–Dec) 0.4044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0215 CNY (High: 0.4155 / Low: 0.3940). On the other end, June was the most stable month, with a tight range of 0.0079 CNY (High: 0.4037 / Low: 0.3958).

July Spread (Volatile) ±0.0215

June Spread (Stable) ±0.0079

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 September and October, when the average rate fell by 0.0045 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.4095) against the same month in 2022 (average: 0.3532), the exchange rate shifted by +0.0564 (+15.96%).

2023 Avg (August) 0.4095

2022 Avg (August) 0.3532

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3625	0.3517	0.3576
February	0.3698	0.3582	0.3646
March	0.3753	0.3638	0.3705
April	0.3871	0.3753	0.3818
May	0.4006	0.3855	0.3934
June	0.4037	0.3958	0.3997
July	0.4155	0.3940	0.4017
August	0.4161	0.4029	0.4095
September	0.4108	0.3988	0.4057
October	0.4058	0.3926	0.4012
November	0.4089	0.3981	0.4037
December	0.4116	0.3968	0.4044