2024 MDL to CNY Historical Review

YEARLY HIGH

0.4138 CNY

YEARLY LOW

0.3954 CNY

YEARLY AVERAGE

0.4048 CNY

2024 MDL to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.4138. Conversely, the yearly low was recorded on December 28, dropping to 0.3954.

This high-to-low spread represents a total annual volatility of 0.0185 CNY. From a start-to-finish perspective, comparing the January average rate of 0.4035 to the December average rate of 0.3975, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4138 was down 0.56% compared to the 2023 peak of 0.4161, 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 2,069 CNY

2023 Average 1,956 CNY

Yearly Trough Low 1,977 CNY

Transaction Impact: A difference of 92.28 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4111

0.3963

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 0.4057, compared to 0.4039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.4057

H2 Avg (Jul–Dec) 0.4039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0143 CNY (High: 0.4113 / Low: 0.3970). On the other end, December was the most stable month, with a tight range of 0.0042 CNY (High: 0.3996 / Low: 0.3954).

April Spread (Volatile) ±0.0143

December Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4099) against the same month in 2023 (average: 0.4017), the exchange rate shifted by +0.0082 (+2.04%).

2024 Avg (July) 0.4099

2023 Avg (July) 0.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4104	0.3997	0.4035
February	0.4059	0.3980	0.4021
March	0.4104	0.4035	0.4077
April	0.4113	0.3970	0.4078
May	0.4113	0.3992	0.4059
June	0.4129	0.3996	0.4073
July	0.4138	0.4031	0.4099
August	0.4123	0.4039	0.4087
September	0.4119	0.4021	0.4071
October	0.4049	0.3959	0.4010
November	0.4041	0.3960	0.3993
December	0.3996	0.3954	0.3975