2023 MDL to FJD Historical Review

YEARLY HIGH

0.1302 FJD

YEARLY LOW

0.1138 FJD

YEARLY AVERAGE

0.1233 FJD

2023 MDL to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1302. Conversely, the yearly low was recorded on January 8, dropping to 0.1138.

This high-to-low spread represents a total annual volatility of 0.0164 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1147 to the December average rate of 0.1258, the exchange rate registered a net change of 9.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1302 was up 7.60% compared to the 2022 peak of 0.1210, 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 651 FJD

2022 Average 580 FJD

Yearly Trough Low 569 FJD

Transaction Impact: A difference of 82.11 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1289

0.1134

JanuMarcMayJulySeptNove

MDL to FJD 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 0.1205, compared to 0.1260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1205

H2 Avg (Jul–Dec) 0.1260

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0077 FJD (High: 0.1282 / Low: 0.1205). On the other end, January was the most stable month, with a tight range of 0.0025 FJD (High: 0.1163 / Low: 0.1138).

July Spread (Volatile) ±0.0077

January Spread (Stable) ±0.0025

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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1276) against the same month in 2022 (average: 0.1142), the exchange rate shifted by +0.0134 (+11.77%).

2023 Avg (August) 0.1276

2022 Avg (August) 0.1142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1163	0.1138	0.1147
February	0.1190	0.1153	0.1169
March	0.1208	0.1169	0.1192
April	0.1248	0.1200	0.1227
May	0.1268	0.1234	0.1252
June	0.1273	0.1217	0.1244
July	0.1282	0.1205	0.1240
August	0.1302	0.1250	0.1276
September	0.1279	0.1248	0.1264
October	0.1271	0.1243	0.1258
November	0.1290	0.1251	0.1266
December	0.1274	0.1239	0.1258