YEARLY HIGH
0.0528 EUR
YEARLY LOW
0.0481 EUR
YEARLY AVERAGE
0.0511 EUR

2023 MDL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0528. Conversely, the yearly low was recorded on January 12, dropping to 0.0481.

This high-to-low spread represents a total annual volatility of 0.0047 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0520, the exchange rate registered a net change of 6.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0528 was down 1.12% compared to the 2022 peak of 0.0534, 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 264 EUR
2022 Average 252 EUR
Yearly Trough Low 241 EUR
Transaction Impact: A difference of 23.58 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0525
0.0485
JanuMarcMayJulySeptNove

MDL to EUR 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 0.0504, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0504
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0027 EUR (High: 0.0520 / Low: 0.0492). On the other end, September was the most stable month, with a tight range of 0.0009 EUR (High: 0.0525 / Low: 0.0517).

July Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0009

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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0522) against the same month in 2022 (average: 0.0525), the exchange rate shifted by -0.0003 (-0.59%).

2023 Avg (October) 0.0522
2022 Avg (October) 0.0525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0495 0.0481 0.0488
February 0.0503 0.0483 0.0498
March 0.0509 0.0496 0.0502
April 0.0512 0.0500 0.0505
May 0.0527 0.0502 0.0517
June 0.0526 0.0501 0.0515
July 0.0520 0.0492 0.0505
August 0.0524 0.0512 0.0518
September 0.0525 0.0517 0.0521
October 0.0528 0.0515 0.0522
November 0.0526 0.0511 0.0518
December 0.0527 0.0512 0.0520